Second Entry : SEThis point , we rebalance Chinese Tech out and replace with strong & solid growth like SE !
which is dropped over -66% from ATH
and we have never disappointed in operation result of SEA Limited.
No doubt to switch from China Tech Side (which is not drop much from our entry) into US Tech in this level.
Valuation Gap is very close.
Some may be cheaper (e.g. Meituan , Kuaishou looks expensive in term of EV/GP multiple)
We have strong conviction about long term growth opportunity on SEA more than China Tech.
As they can enter new market and expand TAM continuously and it's been proven successes of EU / LATAM / India
Bet on this timing , We don't know where the bottom is , but this level is worth entry for long term hold with CAGR 40-50% for 2022-2025
SE trade ideas
$SE #SEALIMITED Stuck Between Two AVWAPs$SE is being supported by COVID-19 lows AVWAP (Aug 17, 2020) and rejected by ATH AVWAP (Oct 19, 2021). Until we break either AVWAP, I will be neutral and wait for some movement. I do like the stock long term in my Roth IRA, so I will be slowly adding shares if it goes near or retests the support AVWAP. As mentioned in my $BTC chart, I do believe that the bottom is in for growth stocks and the R/R is appropriate for going long.
SE: Time for a Bounce? Looks of accumulation starting to happen in SE. It is still bearish until its proven bullish.
We played it to the downside and was paid nicely last week. Bought the $200c for this week if they want to push it back to the $201 poc. $207 caps any rally and is the area where SE sold off 35 points.
Under $168 and it drops another 18 over 5-8 sessions IMO.
Be SafeLooks steep on monthly. This is a monthly chart.
Most Arcs take a breather at the 50% mark. The average arc falls between 62 to 79% of the rise up in correction mode.
A parabolic arc can be volatile on the way down and there will most likely be rallies up on the way down. An arc can far more or less than these levels.
Short interest is 5.6% which to me is not super high.
No recommendation.
Parabolic Arcs are caused by extreme bullishness causing an unsustainable rise to the upside.
Daily chart below. Price is below the bottom band which may cause a snap back to the interior of the bands. Gapped down today. Be safe on this one for now.
Win some, lose some.Read news here
Call me old fashion or out of sync with the market but I hardly buy things online. Hmm, wrong. I hardly buy things , haha. I remembered during my school days where we were allowed to wear home clothes to school (Polytechnic), I was always buying new clothes. I had to work as a waiter to supplement the income. Come to think of it, what a waste of money.....Then again, who had not make such mistakes when they were young , haha
Decades later, I am contented with what I have , occasionally topping up my white Tee shirts that I like to wear. As such, I have really nothing I need to buy , either offline or online.
However, from investment perspective, I am often searching for good companies to invest. SEA for some reasons I did not get in. But thank God, Tencent which I am vested is a shareholder and partner of this company.
At its current price, I will not be buying and hope it will correct more so I get a chance to buy.
$FB $AFRM $SE $NVDA I OptionsSwing WatchlistFB 4H I FB made a double bottom near $305 and is now testing our trend. Watching for a breakout above our downtrend, we have resistance near $350.
AFRM 2H I Picked up activity on AFRM $110c for 12/31. Watching for a break of Friday's high and retest of our downtrend on the hourly time frame.
SE 2H I SE is down nearly 40% from recent highs. Expecting a breakout to the upside from our pattern. SE is consolidating between $220 and $225.
NVDA 2H I NVDA made a double bottom near $270 and is now testing our downtrend. There is bullish OS ALGO activity betting on a break out to $320 this week.
$SE extreme oversold levels, strong bounce in next few days $SE extremely oversold, looking for a long out of demand around this 200 level for a mean reversion to 250 in the short term. Strong growth stock backed with fundamentals, short covering rally is coming. Also to mention we are directly at the 100MA on this weekly chart, green day in the market will send this thing up quickly.
You know that is a mustSE is expanding their margin recently on e-commerce platform.
We see advertising revenue is a key to gain strong margin.
Also SG&A in South East Asia is now decreasing as stickiness exists among merchants & buyer.
No need to spend lots of marketing in e-commerce like early stage.
But I guess they are expanding to FinTech and Food Delivery. That's why they loose money in South East Asia.
For Brazil and Latam they are doing quite well in fast execution.
"Shopee goes after FreeFire game" but I am not sure if it works in Europe.
At this point , there are many stocks giving you a chance to buy cheaper than entire of 2021 price
SE may be not the cheapest ,comparing to other stock that was on blood , but I think adding more of SE is a must at some point.
I never worry about earning result of SE since covid pandemic.
This is one of the stock that we must have in portfolio for the long run
$SE - Still cautious, waiting for EMA crossover for confirmationAm using a very basic 9EMA, 21EMA & 55EMA here.
$SE has been in a downtrend for sometime and have been watching for potential reversal before entry.
If the market continues to be bullish, it's likely the reversal here will simply be a matter of time.
SE still has some dump leftLook at this chart and this will show you why it pays to be a bear . What took 5months to achieve in its bullish uptrend is now being washed away in half the time.
Looking at the selling pressure on the weekly and I'm willing to wage we're heading back to supply area at around 200$.
This is similar to the selling that we saw with zoom, paypal and Meli.
Weekly was oversold outside its bollinger bands so I would consider the last 2 days a brief reprieve before we head lower
SE - short term rebound in the works?SE has plunged 36% from it's peak on 20 Oct and is now back at a mideterm trendline support. I see a bullish divergence building up on it's weekly and with the high volume sell off last week, it is likely that most of the selling is done now.
The last 3 candles on the daily is interesting. A doji followed by 2 pinbars, each inching lower towards the trendline support. My guess is that the weak bulls have been exiting the stock on each of these days but new bulls kept coming in to push the close off the lows of the day.
I will be looking to long here (preferably as it goes above yesterday's candle high at 252, confirming the momentum) with an initial stop loss about $1 below the trendline support.
Despite the 36% "discount" from recent highs, it's valuation is still rich at current levels and it's anybody's guess whether it could surpass the last high at 372 going forward.
Hence I will be looking to take scale out at the various fib levels on the way up (between 288 to 320).
p/s trade will be scratched if SE breaks below trendline in the near term (though this is looking less likely at the moment).
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). 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 and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
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
$SE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $SE after a Positive over reaction following its earnings release placing the stock in drift B.
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Bought SEBought SE
Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It provides Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations; and access to other entertainment content, such as livestreaming of gameplay and social features, such as user chat and online forums. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that offers integrated payment and logistics infrastructure and seller services. In addition, it offers SeaMoney digital financial services to individuals and businesses, including mobile wallet and payment services AirPay, ShopeePay, SPayLater, and other digital financial services brands; and payment processing services for Shopee. The company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in April 2017. Sea Limited was incorporated in 2009 and is headquartered in Singapore.
$SE - Alt wave count if ER flushesMy previous count has us extending in that intermediate wave 5, which the more I am looking at this I am not sure it is going to happen.
Either way with SE earnings on tap I will not be taking a trade just yet. I want entry after ER when the direction this is going is more clear. Over ATH and I will re-count and take a trade, OR I will take the trade in the dip buy area for wave IV bottom, to catch the next ride up.
Reasons I like this alt:
1) - I was semi rushed earlier so I wanted to double back and found that previous intermediate (5)'s were not extended
2) bearish RSI divergence on last peak - leads me to believe that this could very well be the wave 5 peak
3) the 200 extension was hit which is common for wave 5 if 3 tops around 161.8
Reason other Alt could still be right:
1) the 100 extension off the wave 4 bottom is ~400 a share - this is one of the most common spots to find wave 5 top - and we havent reached that yet. So this tells me we could still have more upside room on this next move up
In conclusion - we cant take a trade yet here. Best course of action is to wait for after ER and see where it is going. If it breaks ATH then we likely are in a wave 3 and extending into (5), we can look for a dip to go long. If we flush off ER then we likely head back down to that heavy demand channel - in there we likely will find wave IV bottom and get the steam to rip to ATH with a wave V pt of 440 a share.
For now we wait
$SE - looks like its in wave 5 of cycle IIISE looks like it is in a wave 5 of a cycle III. This would make sense with how crazy of a show it has put on. What I am seeing is a conservative PT of 390 for this top, but it could go well into the 400's. (if my count is correct).
From there we will see a retracement (likely 23.6) for the wave IV which is going to be in that channel zone. Any dip into that channel is a buy as SE has bounced hard out of it numerous times. I would draw and alert it on your chart.