An ascending triangle developing on Seek, which matches hirers and jobseekers with career opportunities and related services on the Internet. Listed on the ASX, it has an market cap of A$11bn, trading on average 700k shares per day. A close above A$32.35 is our long trigger, using a stop of A$30.25 and a target range of A$36.20 to A$37.00.
Seek Limited is an online employment platform actively used in Australia and Internationally. With the pandemic and the massive slashing of jobs the recovery of covid greatly benefited Seek and is shown through the company share price reaching an all time high again. However to see Seek's future price movement we should look at Technical Analysis as they both...
Bearish candles, sell wall just above at previous resistance
Very dominant profitable brand looking like it is recovering after a significant sell off. SEEK Limited is engaged in online matching of hirers and candidates with career opportunities and related services; investing in early-stage businesses and technologies, which are in or adjacent to the online employment marketplace, and distribution and provision of...
$SEK.AX SEEK getting into a tough zone