$CELH | Buy Potential D1 | Market Exec |

Technical Confluences:
- Elliot wave may have completed Wave 4 and begin the Wave 5 move
- Price action is close to the 78% Fibo levels and a Demand zone (Yellow Zone) area.
- Stochastics are at Oversold levels on both Weekly & Daily timeframes (TF)

Fundamental Confluences:
- Earnings was positive with both domestic & international revenue increasing, EPS beat, EBITDA also up
- Slowly gaining market share in the Energy drinks segment

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I see these levels as good for me to being some allocation of my Portfolio into CELH.

Blue Zones & Fibo Extension levels (in Blue) will be the starting point of some my TP levels.

Remember, DYOR.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
celciuselliotwaveanalysisEquityFibonacci ExtensionFibonacci RetracementFundamental AnalysisTechnical Indicatorsoversoldportfolio-allocationstochasticoscillatorWave Analysis

Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.
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