Omega — Week of March 7, 2026

Celsius remains a share-gainer in energy drinks, underpinned by PepsiCo distribution and brand momentum with younger consumers. The recent acquisition of Alani Nu enhances its portfolio. Despite volatility, improving momentum signals suggest a near-term price adjustment toward $55 as market sentiment normalizes.

DraftKings is positioned for a seasonally strong rebound with upcoming sports events. The company is expanding its product set and improving operating metrics, suggesting a path toward a 1–3 month recovery to ~$32 as engagement and handle data improve.

AFRM's technical breakdown and high valuation in a tough credit environment suggest a bearish outlook. With rising short interest and skepticism about growth sustainability, we foresee a potential decline to the low-$40s over the coming months.

CVNA's failure to maintain critical moving averages and concerns around valuation and execution risk point to a potential decline toward the mid-$200s as the market reassesses growth prospects.

RIVN's continued losses and execution risks amid ambitious production targets suggest a bearish outlook. A clean break below support levels could trigger a rapid drop into the mid-$13s within the next few months.