- Sea Limited stock SE dipped after first quarter revenue topped estimates with 147% year-over-year growth to $1.8B but fell short on adjusted EBITDA.
- The stock fell on the news to test the major support around $202.40.
- SE showed a significant retreat from the mentioned support.
- Prices could target $253 and $270 respectively within the sideways range.
Comment:
Prices hit the first target.