ditch technicals - Sea limited is like amazon, paypal, and twitch all combined. Buy for the long run market cap still around 50bil. Expect 200+ in a year
Monthly RSI in the mid 90s, weekly RSI almost at 90 with 16 straight weeks candle having a higher low than the last. Last weekly support was back in the 30s lol. Only FOMO traders enter in here before consolidation. Weekly candle looks like a reversal and daily printed a reversal candle with bearish divergence. Daily consolidation coming and weekly soon to follow at the very least to cool off that monthly RSI
x2ManyPips
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@nfreed31, Consider the long run. In 2-3 years, technicals are irrelevant for a company like this. E-com is more and more monopolizing the markets. This is like investing in pdd, wmt, amzn, etsy when it first started.