Vita Coco Company Inc

COCO has decisively broken the $54–55 support zone, confirming a Stage 4 downtrend with an active bearish continuation pattern. Medium-term bias is firmly bearish, permitting sell-side engagement, and short-term timing remains unfavorable for longs as price sits below declining EMAs and near oversold territory. Selling into any relief rally up toward the broken support-turned-resistance aligns with the dominant downtrend.

• ↑Net sales rose 37% YoY to $180M; coconut water +42%, private label +28%.
• ↑International segment net sales jumped 63% YoY in Europe markets.
• ↓Negative earnings yield and low book-to-price scores point to valuation concerns.