Sea Limited is plunging. Time to buy yet?Hi everyone,
We are currently in a midst of a moderate correction. I personally think it is almost over, based on DIX/GEX printing, the duration of elevated VIX, etc.
These kind of periods are great for your previous analysis review.
So let's do just that.
NYSE:SE has been plummeting since November 16 and has lost over 30% already.
It broke the rising trend and is far from it now.
However , my demand levels from the previous analysis showed great price interaction.
We saw some proper action at 308, 283 and 253 levels.
Every level lower is a signal for an increased size accumulation.
Next level on the way is 228 and I am looking forward to buying more if we get there.
Hope you are coping with this turmoil alright.
As always, trade wisely and good luck!
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Disclaimer!!!
This is not financial advise