I haven't thought out that far yet, it's a long term idea, not a
daily swing trade idea like I place in newsletters that are mean
for 1 to 3 weeks. first hurdle short term is clearing and
holding above the 50 day MA. there's some minor resistance at
32.5 to 33.5 small supply zone, there's an open gap from mid March
at 39.5, the 38% Fib retrace is 39.8 which also matches that gap.
Then there's the 200 day MA around the 50% Fib - basically
it's level to level for a while
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CELH
Posted by miliski2000 on 18th of Jun 2026 at 09:25 am
Being CELH is a macro play, what area would you be targeting after a major ABC correction?
I haven't thought out that
Posted by matt on 18th of Jun 2026 at 09:30 am
I haven't thought out that far yet, it's a long term idea, not a daily swing trade idea like I place in newsletters that are mean for 1 to 3 weeks. first hurdle short term is clearing and holding above the 50 day MA. there's some minor resistance at 32.5 to 33.5 small supply zone, there's an open gap from mid March at 39.5, the 38% Fib retrace is 39.8 which also matches that gap. Then there's the 200 day MA around the 50% Fib - basically it's level to level for a while