SE trade ideas
SEBottom of current channel, decent risk reward for a former high flyer focused on the economic hub of Singapore.
I CAN SEA CLEARLY NOWSome sort of south east asian Amazon/Paypal/Tencent hybrid
Sounds good right?
Been obliterated
Looks like it's trying to bottom to me
Some targets as shown
GRI 2022
SE AnalysisPrice is playing out as my last analysis. Price is heading towards the lows at 54.06. Price looks like it's doing a Wyckoff accumulation schematic. I'm expecting price to take out the lows at 54.06 to make a spring before initiating an uptrend.
SE AnalysisPrice is on a higher timeframe downtrend. Right now, price is in consolidation. Price recently took liquidity at 90.38 before breaking market structure to the downside. Liquidity has been taken from the sell-side, possible target is the lows at 54.06 before we head back up to the bearish POI at 82.07
RectangleIt appears earnings were not received well.
Sea press release (NYSE:SE): Q2 Non-GAAP EPS of -$1.03 beats by $0.03.
Revenue of $2.94B (+28.9% Y/Y) misses by $90M.
Short interest is around 6.65%.
Former Parabolic Arc that has fallen beyond the .786 of the impulse wave up.
ARCs consist of both panic buying on the way up and panic selling on the way down. Prices move up almost vertically until it reverses. The steep, vertical move up is not sustainable long term but can be very profitable on the way up. This pattern is often seen more clearly on the weekly timeframe.
Parabolic Arcs are a pattern of hysteria and on average will pull back between the .618 and the .786 level of the impulse wave up. The 50% level is often the first target to the downside.
No recommendation.
ARCs are a reflection of human psychology to the max degree. Folks are dying to get in. Then they are dying to get out )o:
Resistance in channelSE broke above some resistance levels on the log scale; however, still resides within a longer parallel channel on a regular scale.
Expect a short term rejection at the upper channel at ~90, which coincides with resistance within a symmetric wedge on the log scale.
Longer term SE can go either way, but would be very bullish if either upper channel (regular & log) are broken.
Targeting another drop to 65-70 level in the short term, followed by a long term increase.
$SE 1D BUY SETUP FOR +70% MOVE!Sea Limited is good stock if you are thinking about adding a digital gaming, software and cloud communication/network stock to your watchlist/portfolio. It is currently showing a possible sign of retracing to$120 area, but I think it will report good earnings and have a positive move up from the news. It is also coming out of a contraction which always means a big move is coming!
SESE earning thios week, Algo looks positive hoping for good bought leaps on this monster ... Manage your own R/R
SE ShortIn big downtrend, bounce back to resistance
3rd touch down trendline
Up trend line break
Earning 8/23/2022 Estimate -1.23
Short 79
Stop 92
Target 57, 38
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
SE at resistance zone, make or break time now 🎯watching for break of 93.90 to go long, rejection from here and break below 85.13 is short trigger
buy and hold SE nowDaily chart we can see price cut up cloud, cloud change to green.
weekly chart stoch and RSI cut up from over sold
Monthly chart candle retest 50% doji and go up
CPI lower than forecast
Get in the Sea!Sea Limited
Short Term
We look to Buy a break of 90.41 (stop at 80.81)
A break of bespoke resistance at 90.00, and the move higher is already underway. The trend of higher lows is located at 71.50. Price action looks to be forming a bottom. We look for gains to be extended today.
Our profit targets will be 132.30 and 156.28
Resistance: 90.00 / 133.00 / 174.80
Support: 71.50 / 66.80 / 55.00
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$SE -71% DISCOUNT (52-WK) -85% (ATH)!Sea Limited is good stock if you are thinking about adding a digital gaming,software and cloud communication/network stock to your watchlist/portfolio. It is currently showing a possible sign of retracing to$120 area, but I think it has a way to go down after! The original Heavy buying positions from IPO '17 is the $18.25 area! The next set of buyers from May. '20 to Aug. '22 are @$65-$70 area! Which is good entry to swing to the $372.50 ATH, but the $18.25 entry area is a SNIPER! anything in between those two are good entries for long-term.
SE short: reiterating my short callI would say that my previous call for SE is a wrong one because price did not go down but hover at the VWMA. Anyone who sell-short would have incurred carry and opportunity costs (unless my other ideas were followed and nice profits were made off them). But now that I am seeing the markets as going to have a major crash, I am re-iterating my short call on SE.
SE Explosive setupRight at the downtrend line with double inside weeks. Explosive combo imo. If and when it breaks, it will break trend line as well as double inside weeks. should see a good move to 80.47, 82.86 once it breaks 76.10
Jul 22 78C could work
$SE $MSFT $SQ $SPY I OptionsSwing WatchlistSE 1D I SE recently broke out from a massive downtrend on the daily. It is making a double bottom near $65 and our OS ALGO picked up activity on the $69 strike!
MSFT 4H I MSFT is making a higher low as earnings approach. Resistance near $255 and our scanners are picking up significant bullish activity on the $260 strike for 07/22.
SQ 1D I SQ is down nearly 80% from all time high. It is trading within a wedge pattern on the hourly and based on unusual options activity SQ is likely to run up into earnings.
SPY 4H I SPY macrotrend remains bearish, however it recently broke out from a downtrend on the hourly. Resistance near $385, $400; and support near $380.
$SE flashing a cypher off the golden ratio 618 Fib This has a larger Gartley pattern at 62-63 level if this fails, can use the 4 hr bar inside bar trigger method to lower risk per entry, tp levels listed 382, 618 , top of pattern. Be very cautious if the IB breaks low w volume. ^63 -62$ I would buy on a hard drop.
$SE with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $SE after a Positive over reaction following its earnings release placing the stock in drift A.
SE Short: Rejection at VWMAPreviously I had called for more observation of SE after a series of very successful short calls (including one at the very peak price). I also put their very serious lack of financial discipline to the question (before they announced the layoff at various regions of Shopee). Unfortunately, what I can say is that they couldn’t win macroeconomics. Rising cost is rising cost, not to mention that they were the driver of rising inflation in the job markets for years.
We lived in an era where so many untalented are paid too much. Before the financial crisis, these people lurks in the financial sector, now they reside is tech and finance sectors (just how many banks actually tried to be fintech themselves and banks usually take the leftovers).
Now, price target… let’s start with a price target of $36 for a start. Then we will revisit again.
SE: When will it turn?Previously I called the top of SE and then attacked their lack of financial discipline and heavy cost due to headcount. I was thinking that they only have one model to follow: that of TSLA and that is to cut their headcount. Not long after, Shopee announced headcount reduction in various regions and department. So now, it has a chance. But unlike TSLA, it is facing the odds of higher and higher interest rates. So the same operation might not yield the same result. What we can do, is to continue to observe.
Back to technical analysis, you can see how I have looked at only 1 obvious thing to determine whether SE will turn: the VWAP line. IF it managed to break and close above that, especially on high volume, we can attempt to long this. If not, the best bet is still to short it.
SE resistance in channelSE is at a strong resistance level, within a parallel channel (log chart) formed over the last 7 months.
Resistance coincides with fib retracement level.
If it breaks through upper channel resistance, with large volume, then tight stop at $90.
