Celcius
Greetings Everyone,
I believe this is a good ticker to have on your watchlist. It has shown massive moves both to the upside and to the downside. I would like for this company to showcase increase revenue growth & stability in its marketplace.
Price has been on a massive descent however this does not mean we should be buying it.
We will not bottom fish! we will add to winners and cut losers asap.
To paraphrase William O Neil the worse mistake an investor can make is to buy the dip on a stock that keeps dipping, soon you will run out of money.
Trade Ideas 💡
- I would like the price work itself out right now potentially building an accumulation zone / box.
- Stronger S&R levels.
- I would also like to see change in volume (volume spikes)
- We need to make sure someone big is showing interest and we can follow their footsteps.
- Trading Strategies reversal patterns inverse head and shoulders / Bullish Engulfisj at major levels.
To summarize:
I will be paying closer attention during earnings season to see if anything changes in price and structure.
Thanks,
C Lemard
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