SE trimming its losses Long

Sea LimitedNYSE

Description

⋅ May 20, 2021 6:38 PM

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.

⋅ May 24, 2021 3:55 PM

Prices hit the first target.