@ICMakesTrades
YouTube
Avg. Quality
74
Success Rate
46.67
Analysis
75
Correct
35
Fail
29
Pending
11
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
CELH
Long Entry
59.5700
2025-11-05
06:09 UTC
Target
99.6200
Fail
55.0000
Risk/Reward
1 : 9
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The analysis starts with CELH at 59.56, noting it is holding ascending support despite overall market downward pressure, large and small caps (IWM, QQQ) are facing pressure. Weekly timeframe reveals upside potential, suggesting a cup and handle pattern, potentially retesting after breaking the neckline near 63.55. Recent months show steady climbs with no pullback before a volatile move. Current volume is drying up. In near term, aiming to target 61 retest, then upside. With a medium term price target of a $99 all time high level within 3 to 4 months if overall market continues to run.
The analysis looks briefly at QQQ as it is facing selling pressure while the buyers try to react.