
$CELH (Celsius Holdings, Inc.) has shown significant price movement, with shares reaching $32.80 overnight on October 10, 2024. The stock experienced a premarket increase of 7%, following a previous gain of 6% the day before. This bullish trend is attributed to a favorable note from Stifel, highlighting potential price increases in response to planned hikes by competitor $MNST (Monster Beverage Corporation). Traders have expressed optimism, with some indicating intentions to lock in profits at market open. The stock is currently testing a critical resistance level around $32.75, with discussions about its potential to break through this barrier. Overall, the sentiment surrounding $CELH remains positive, with traders anticipating further gains.