SE: Buy at 163.24 Profit Taking at $204.05

Sea Limited is insane in the best possible sense. They have 3 major brand and it is growing at an insane speed. SE has the following 3 branches of companies

1. Garena, eSports aka Riot or Activision Blizzard
2. Shopee, eCommerce aka Amazon
3. SeaMoney, ePayments aka Square

These are all innovations in the country where you can boost productivity. There is a concern that this is a Singapore company instead of a United States company but when thinking that this is a country that consistently ranks in the top 10 GDP per capita it relieves my fears. Another concern is that there is no earnings but sales are in the triple digits and you have Fidelity Contrafund backing it. Sales and Yearly Earnings are below

Sales:
Sep-19: +198%
Dec-19: +174%
Mar-20: +103%
Jun-20: +102%

Yearly Earnings per share
2017: -1.43
2018: -2.79
2019: -1.99
2020: -2.39
2021: -1.25

This is forming a Rectangle base and if it hits the buy point with at least 50% volume I would have a 25% profit target. Be careful of the current market trend since it is currently down, which can easily change in a few days.