i think it's still okay
$Celsius Holdings(CELH.US$ there's a hard support near 50. if it breaks to 45 maybe I'll start to get worried but honestly I'd rather just DCA because i don't think the thesis has broken down there's signs of weakness but I don't think it's that bad to warrant an immediate sell
if anything you can just hold and do nothing
okay I don't know your cost price my cost price is around 55 a share so it's not a big deal to me if your cost price is 90 then you need to question yourself maybe you need to set a tighter stop loss i don't know but I'm in at 55 a share and based on next earnings results i will decide what to do
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aims to identify stocks with rock solid growth fundamentals with 10x potential. also dabbles a little bit in trading
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MomentumPython1337 OP : the 1 thing that many newbies make is panic selling on a big red day it usually ends badly because usually the stock recovers that gap in a few weeks or months unless it's a shitshow for example the earnings is shit and revenue drops significantly below expectations or macro conditions are shit then yes you need to be careful and evaluate the risk reward
but right now I don't think it's that bad we're not ina full blown recession at least that's what the fed is telling us and i think it will be a soft landing
especially with the rate cuts it wil help the small caps but the important thing is the fed needs to do it decisively and not dilly dally they can't be late if the rate cuts are too late then the economy will hit a recession and if a recession happens stocks like these will tank because the consumer suffers from the recession they're going to cut on unnecessary spending and energy drinks are not a necessity so it's going to get cut and the revenue will tank at that point you won't want to be holding this stock
Aaron Invests (AI) : It's not over yet..keeping the faith this will be the biggest leap of faith to buy in 45
Salmon Klein Aaron Invests (AI) : is not coming there...they are keeping the price this low to let whatever big investors come in at a good price...it will come up soon to earnings report