S2EA34 trade ideas
$SE waited for a pull back, went longLets see if $SE continues to follow its uptrend, stop is a little wide, however giving some room to avoid STOP getting triggered to quick.
SE and the hesitation on May the 22ndSE is a point of reflection in my trading practice. Still I show hesitation and sharing will put it definitely down!! Even if my ideas are great, the hesitation in executing those could ruin it all!
Great lesson here!!
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Thanks to everyone for any further comment :)
Box break out $SESE price has broken strongly out of range it has been stuck in for the past 6 weeks or so. Good volume.
SE3/25/19 offered nice shakeout and recovery. Traded tight around $24. Seeing support around $22.5 (secondary) to $22. Showing strength, Initial position with stop under support.
Breakout Trade Example: Sea LimitedAvoid thinking too much and simply buy above the Blue Line.
It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
MasterChartsTrading Price Action Indicators show good price levels to enter or exit at trade.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long (buying).
For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling).
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ).
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$SE Overbought at Channel Resistance$SE Looking overbought after tagging upper channel resistance yesterday.
Target $10.00 by mid to late February
Note: Informational analysis, not investment advice.
What a loooong flag on today's 5 minute $SE chartwhat you're viewing is the 15 minute, but check out the 5 minute for that beautiful bull flag flying on that flag pole !
Potential for $SE ?$SE is a stock I have been watching very closely. We can see a primary and a possible secondary resistance trend forming. This company has exploded the past few weeks but will the upward trend continue? I want to hear what you guys think down below in the comments. In my opinion I think this company is a great long term buy with huge gain potential, with the average 1yr target from analysts being around $18 which could be modest considering the bull market. The company is still relatively new so don't let the huge amount of costs in their latest earnings reports scare you. The company remains focused on revenue growth and I am excited to see where this company is headed.
possible future price action for SEAI'm bullish on SEA but i think in the interim it will oscillate a bit similar to other stocks that just went IPO
SE Bullish ConsolidationSpectra Energy has a nice bullish consolidation after a fantastic breakout. Above 43.99 is the technical buy point.
Spectra pushing against resistance After bottoming in December Spectra is pushing up against resistance at 36.50. Good volume and heavy uptrend indicate that it is only a matter of time before this stock continues to go up. This is a wonderful long term hold stock as it has a great dividend and is undervalued by most analyst estimates. The price crashed with oil as the energy sector tanked but, most of Spectra's profits are from long term locked in contracts that do not fluctuate with oil or natural gas prices.
Spectra Energy: Dec1-Jan15 Price Channel. Drop to 20 with oil?Spectra Energy:
A price channel has developed over the last two weeks. A double top on Dec 10 indicated an uptrend that should end tomorrow with the completion of an elliot 1-5 bull impulse. Conversely, an ABC corrective pattern may occur just above the resistance level of 26.
Next, SE will drop towards 21$/share following a drop in oil prices. A drop in oil prices will occur due to strengthening dollar vs developing countries, and a drop in oil prices will occur due to the nullification of export sanctions vs Iran. The 20$ price target is created by referencing the past two bearish impulses and referencing the previous low at 21.50.
Finally, MACD 4C convergence occurring next week. The convergences indicate a major change in price direction.
