Weekly Wiretap Pick Of The Week CELH

MAX Trade Potential: 212%

My Trade Plan Details:

• CELH April 4 $34 calls around $1.00 to $1.10 area
  

• Stop: CELH closes below $28

• Target 1: $38s
  
• Target 2: $40
  
• Target 3: $43s
  

My Reasoning:

Well upside is the 200 weekly SMA at $38s and if broken the 50 weekly SMA is at $43s. If the markets push higher like I think we could then CELH is primed for me to show a move higher.