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Celsius Holdings: One Chart Explaining the Runup

That helped propel the stock higher. However, the shares were under accumulation before that.

Celsius is a Magnet for Big Money

So, what’s Big Money? Said simply, that’s when a stock presses higher alongside chunky volumes. It’s indicative of institutions betting on the shares.

Unsurprisingly, Celsius has many fundamental qualities that are attractive.

This sets up well for the stock going forward. Paying attention to how the shares trade, suggests there could be more upside.

The last few weeks have seen monster accumulation signals. Each green bar signals big buying volumes as the stock ramped in price:

Source: www.mapsignals.com
Source: www.mapsignals.com

Since early March the stock has been on a tear. Generally speaking, recent green bars could mean more upside is ahead.

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Now, let’s check out the technical action grabbing my attention:

Outperformance is important for leading stocks.

Celsius Fundamental Analysis

Now, let’s dive into fundamentals. Celsius has had triple-digit 1 & 3-year sales growth rates, and the future earnings outlook is solid too. Take a look:

  • 3-year sales growth rate (+107.4%)

  • 1-year sales growth growth rate (+108%)

  • 1-year EPS growth estimate (+48.6%)

Source: FactSet

Marrying great fundamentals with technically superior stocks is a winning recipe over the long-term.

In fact, CELH has been a top-rated stock at MAPsignals for years. That means the stock has had buy pressure, strong technicals, and growing fundamentals. We have a ranking process that showcases stocks like this every week.

It’s made the rare Top 20 report numerous times since 2015. The blue bars below show when CELH was a top pick:

Source: www.mapsignals.com
Source: www.mapsignals.com

Tracking unusual volumes reveals the power of the MAPsignals process.

Celsius Price Prediction

The Celsius rally has been in place for years. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no positions in CELH at the time of publication.

Learn more about the MAPsignals process here.

Contact

https://mapsignals.com/contact/

This article was originally posted on FX Empire

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