Sea LimitedLong
$SE Long Idea
I've noticed that SE has recently broken the $40 level, which could potentially lead to an explosive move to fill the gap at $44. There's a falling wedge on the daily chart, and if SE can get over the supply/downtrend, the stock could see significant upside. The flow of investments also looks promising, with recent 40c purchases for both 2/9 and 2/16 expirations. In short, SE is showing some bullish signs, and if it can maintain this momentum, there's room for it to reach the $45 level and beyond.
SE has recently broken the $40 level, which could potentially lead to an explosive move to fill the gap at $44. There's a falling wedge on the daily chart, and if SE can get over the supply/downtrend, the stock could see significant upside. The flow of investments also looks promising, with recent 40c purchases for both 2/9 and 2/16 expirations. In short, SE is showing some bullish signs, and if it can maintain this momentum, there's room for it to reach the $45 level and beyond.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.