$CELH - Is the Story Over After 4 Quarters of YoY Earnings and Sales Deceleration?

$Celsius Holdings, Inc.(CELH)$ - Is the Story Over After 4 Quarters of YoY Earnings and Sales Deceleration?

CELH appears in both my 'Hottest Stock' and 'Strongest 1-M Mover' Screen since the beginning of the week. The technical setup and its current momentum of 6% ADR for a 7B market cap stock looks compelling enough to bring this forward.

Break down confirmation from double top chart pattern begins the sharp selloff from 7th june 2024 with a -47% decline in 2 months, before price stability into a bullish descending wedge with further decline of -38% in next 3 months (peak to trough of highlighted wedge).

Since the beginning of this week, CELH reclaim 10/20/50-MA after 4 sequential higher low candles. I was very close to executing this yesterday, but further affirmation of strength imho would require $32.10 (November high) to be taken out. Did not pull the trigger because the range was exceeding 100% LoD of its current ATR at 1.85.

CELH closed yesterday +7.5%, at $31.99.

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The technical setup and its current momentum of 6% ADR for a 7B market cap stock looks compelling enough to bring this forward. Break down confirmation from double top chart pattern begins the sharp selloff from 7th june 2024 with a -47% decline in 2 months, before price stability into a bullish descending wedge with further decline of -38% in next 3 months (peak to trough of highlighted wedge).Since the beginning of this week, CELH reclaim 10/20/50-MA after 4 sequential higher low candles. I was very close to executing this yesterday, but further affirmation of strength imho would require $32.10 (November high) to be taken out. Did not pull the trigger because the range was exceeding 100% LoD of its current ATR at 1.85.CELH closed yesterday +7.5%, at $31.99.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/89285dc6f662bad10669c3fc49b9f0a4\" tg-width=\"680\" tg-height=\"499\">Image</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"CELH\" class=\"teditor-mention\" data-mention-name=\"Celsius Holdings, Inc.\" href=\"https://ttm.financial/S/CELH\">$Celsius Holdings, Inc.(CELH)$</a> - Is the Story Over After 4 Quarters of YoY Earnings and Sales Deceleration?CELH appears in both my 'Hottest Stock' and 'Strongest 1-M Mover' Screen since the beginning of the week. The technical setup and its current momentum of 6% ADR for a 7B market cap stock looks compelling enough to bring this forward. Break down confirmation from double top chart pattern begins the sharp selloff from 7th june 2024 with a -47% decline in 2 months, before price stability into a bullish descending wedge with further decline of -38% in next 3 months (peak to trough of highlighted wedge).Since the beginning of this week, CELH reclaim 10/20/50-MA after 4 sequential higher low candles. I was very close to executing this yesterday, but further affirmation of strength imho would require $32.10 (November high) to be taken out. Did not pull the trigger because the range was exceeding 100% LoD of its current ATR at 1.85.CELH closed yesterday +7.5%, at $31.99.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/89285dc6f662bad10669c3fc49b9f0a4\" tg-width=\"680\" tg-height=\"499\">Image</body></html>","text":"$Celsius Holdings, Inc.(CELH)$ - Is the Story Over After 4 Quarters of YoY Earnings and Sales Deceleration? CELH appears in both my 'Hottest Stock' and 'Strongest 1-M Mover' Screen since the beginning of the week. The technical setup and its current momentum of 6% ADR for a 7B market cap stock looks compelling enough to bring this forward. Break down confirmation from double top chart pattern begins the sharp selloff from 7th june 2024 with a -47% decline in 2 months, before price stability into a bullish descending wedge with further decline of -38% in next 3 months (peak to trough of highlighted wedge). Since the beginning of this week, CELH reclaim 10/20/50-MA after 4 sequential higher low candles. I was very close to executing this yesterday, but further affirmation of strength imho would require $32.10 (November high) to be taken out. Did not pull the trigger because the range was exceeding 100% LoD of its current ATR at 1.85. CELH closed yesterday +7.5%, at $31.99. 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