SE resistance in channel Short

Sea LimitedNYSE

Description

⋅ Jun 7, 2022 10:46 PM

SE is at a strong resistance level, within a parallel channel (log chart) formed over the last 7 months.
Resistance coincides with fib retracement level.
If it breaks through upper channel resistance, with large volume, then tight stop at $90.

Fibonacci Parallel Channel

Comments

zAngus

⋅ Jun 8, 2022 4:43 AM

Hi there, congrats on sharing your first post with the community. We hope it was a fun publishing process. Have an awesome day!
From mod @zAngus