CELH pivoted near the triple bottom
I am glad I entered this trade with a few medium/long term setups, the stock had a nice rally today. That flow of buy side volume is reassuring and the stochastic RSI is jumping on the daily. The stochastic is still dead on the weekly so there is a lot of room to run. I will sell my Jan 2025 calls when we reach 37.66$.
My setups is as follows
Jan 2025 40$ calls exit at 37.66$
June 2025 35$ calls hold and possibly exercise next year depending on price action
Jan 2026 40$ calls sell at 50$
My setups is as follows
Jan 2025 40$ calls exit at 37.66$
June 2025 35$ calls hold and possibly exercise next year depending on price action
Jan 2026 40$ calls sell at 50$
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