Sea Limited Long

To be honest selling Tesla gave me a big handful of profit as I was holding it for a long time. So dividing my profit and investing in Sea Limited and Morgan Stanley (check this analysis as I posted recently) at the moment.

The $69-$67 level seems to be a good entry point, as always don't invest everything in one go. If that support breaks due to bad news, we would be looking somewhere between the $58-$56 level.

As always please do your own analysis and invest folks - Thanks

Comment:

As said above, assuming 2 support levels ie.$67 and $57 I have taken the trade. So, when it touched $67 I got into the trade and bought a few shares.

Now, the $67 support level is broken, it has got all the capacity to reach the $57 level in near term. I aint saying that, this will be a falling knife, obviously it will create a small waves before it reaches the $57 level.

Start picking up shares in dips , once it reaches $62 and keep on accumulating until it reaches our final target.

As always, Please do your own analysis and invest folks - Thanks

Comment:

still buying it in dips until it reaches the $57 level.

Comment:

Yesterday was my last buy-in dip of this stock. I strongly believe it has now touched the bottom at the moment. Apart from the stock rise with respect to volume and indicators, there is also a piece of general good news in the market that is gonna push it further

So, now focussing on our take profit, TP1:$66-$67, TP2:$77-$78 finally TP3: $89-$90.

Please do your own analysis and invest folks - Thanks

Comment:

Still holding and adding more, if it falls more.
Our final target is 77-78 level.

Lets wait patiently and take our profits.

As always , please do your analysis and invest - Thanks

Comment:

My target still remains the same, managed to load 100 shares by averaging!

As always , please do your analysis and invest - Thanks