Expectation Record SE for 19 - 23 April 2021Resistance 1 : 285
Support 1 : 240
Support 2 : 208
SEA must stand above 240 - 250 (Purple Window) to break new High. Careful Support 1 : 240
Trade ideas
4/12 SEout of triangle, not rush to chase high
wait for the consolidation and buy at support (shares, 1/3 each level)
SE | Uptrend channelSE has been on an absolute tear over the past year or so, trading in quite a tight uptrend channel as shown in the chart.
I would be inclined to add whenever it trades in the bottom on the channel, as it has always found good support and bounced off the channel lows.
Not much to say on the company, Sea has really been killing it in the South East Asian market and has recently been pushing for growth in South America.
Both regions showing strong population and Purchasing Power growth.
I am in this name for the long term. If you aren't yet and are looking for entry, wait for a pullback hopefully to the mid-channel / lower half, where I will be adding to my position with you ;)
Any thoughts?
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
SE take profit mode off Crab perfectPerfect execution of Bearish CRAB Harmonic Patter.
The 1.618 AXA target hit to penny.. Accumulated position at $204 level.
Expect pull towards T1 level of $220 as we are in take profit mode below recent high.
Good luck to everyone and manage trade with proper stops.
se, on support areaSE staying on strong support area now. Fib levels and high volume areas suggest a revisit of 216, 220, and 230 in short term (if SPY and QQQ let it run).
Time to short SEAIchimoku cloud thinning out. Stoch RSI overbought.
And already broken below uptrend line.
SE to rise within next 2 days. Target 175Prices showing a pull back to the uptrend line, with signs of oversold in Stoch RSI to support the bounce back. However, it is under the uptrend line, so longer-term outlook is yet to be clear.
Triangle end - about to break 184.5 within 3 daysPrices has been forming within a Triangle with volume narrowing for the past 2 to 3 weeks. It is at the ending edge of the Triangle now, and should break within 3 or 4 days. Looking at the strength, it looks more likely an upwards break this time.
Quite a clear Head & Shoulders towards 193If the pattern fully forms in the next 1 or 2 days, then the price is likely to continue to go down towards the previous support line at about 193.
The long was not to be, $SE YOU LATER IN LOW 100sWell what to say about this stock. Caught up in tencent trouble, printing a huge head and shoulders and falling out of a channel that has held it in. This stock personifies the greed of the 2020 tech market. And this stock wiped out many traders who thought more upside was possible earlier this month. Well, this is I guess poetic justice for me as a trader who went long on this in the 200 dollar range expecting a strong bullish bounce but it was not to be.
$SE YOU LATER ALLIGATOR.
SHORT.
SE | Long until a candle tells me otherwiseLots of discussion surrounding SE, especially with regards to the incredible RSI levels it has read over the past 6 months. I for one don't think I have seen many charts with a similar RSI as this.
However, I really love the underlying company and am Long the stock - I will continue Long until a candlestick pops up telling me otherwise.
So far so good, no breach of the uptrend support yet.
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Be SafeParabolic Arcs ore long term patterns. This may not have arced. That can be a subjective call, a matter of judgement.
If it is an arc, they are long term patterns. An arc can be volatile on the way down and even after it reaches it's bottom. Every security is different so you just never know.
When an elevator does a free fall, it can either slam to the bottom, or there may be some controls left in operation mode to break the fall, so it is a slower fall There will be folks who bought close to the top, or at the top so there will be rallies going on here and there, so they can get out with some skin left on their knee.
Thing is, you just do not know what will happen and Mr Market is not going to help you. He got his money back plus more, a long time ago )o:
No recommendation
SE - Time to ride this one all the way up! 1. consolidation at a previously tested support level
2. Bullish candle at 100 MA and close above 100 MA
3. RSI about to trend
4. MACD bullish crossover about to happen
TP1: 240
TP2 : 275
SE - testing supportsSE is now 25% off it's Feb's high of 285. It bounced off a trendline support on 8th March and is today retesting this trendline @ 211.50. Incidentally this is also where the 200 day moving average is.
The aggressive entry is to enter close to the support @ 211 while a more conservative entry is the wait for some confirmation that a bounce is in place (ie above today's high of 219).
I would place an initial stop loss 50 cts below 204.80 (last pivot low)
Trail stops up should the trade work out.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
SE🌦Pattern recognized: Running flat Elliot Correction Wave.
Thesis: Bullish sentiment.
Conclusion: I didn't identify a fractal/LDC on the lower time frames: however, the tech sectors displayed an LDC so I knew SE was ready.
My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY).
***This does not constitute financial advice.***
Long SE . Target 248, Stop (Close at 205)Long Sea Limited. Targeting gap fill, stop under recent close
trend is your friend baby! beautiful trend channel that didn't break during the tech dump! great sign for the stock. considering some calls with more time here, will let y'all know if i get in like always ;)
SE clear inverse head and shoulders, returning to channelTarget 250+ by 3/19, positioned accordingly
WHY SE SO STRONG?WHY SE SO STRONG? keep supported by MA60 for YEAR
FUNDAMENTAL WISE, SE HAVE 3X FUTURE BUSINESS
1.BIGGEST E-COMMERCE (SHOPEE) IN SOUTHEAST ASIA
TAKE OVER COUNTRY: INDONESIA, TAIWAN, MALAYSIA, VIETNAM PHILIPPINE
BELIEVE TO BE THE NEXT AMAZON IN ASIA REGION
2. GAMING EARA, GARENA HOLDING A BIG MARKET OVER THE GLOBAL, CHECK THEIR GROWTH! DOUBLE EVERY YEAR!
TURNING +VE PROFIT LATE YOY
3. E-WALLET FUTURE, NOW PEOPLE PREFER USE E-WALLET
WITH THE LARGE SCALE OF E-COMMERCE, IT'S VERY EASY TO CONVINCE USER SWITCH TO E-WALLET BECAUSE OF CONVENIENCE AND PROMOTION
1st entry 235
2nd entry 211
