bearish signs all over for SE 💀broke important pivot level and lower higher was made after a short lived rally
break of 59.23 and we may see a big move lower, much better plays out there if you want to long! boost and follow for more 😛
SE trade ideas
Sea Limited $SE plunges -26%🔹Singapore tech giant Sea Limited NYSE:SE plunged more than 26% in early trading on Tuesday after second-quarter revenue missed estimates.
🔹For the period ending June 30, Sea (SE) earned 54 cents per share as revenue rose 5.2% year-over-year to $3.1B. Included in that was $2.1B in e-commerce revenue, which was negatively impacted by 380 basis points due to foreign currency headwinds.
Sea Limited has reached a new lowSea Limited has reached a new low
This figure shows the weekly candle chart of the stocks of Sea Limited in the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the stock of Sea Limited has reached a new low, dropping from its highest point of $372 to its current level of $40! Recently, the stock of Sea Limited has repeatedly tested the top to bottom golden section of the 1.618 position in the chart, and the reserve force has broken through the bottom, with a probability of testing the 2.000 and 2.382 positions below!
SE Sea Limited Options Ahead of EarningsIf you haven`t sold SE here:
Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
SE run in DIAMOND #SE earning coming next week.
#SE running in DIAMOND. So far SE good holding after back test at 54.12$ to keep form Higher low.
IF #SE can hold 55.8$ have chance to get target 61/63$
IF #SE break down of DIAMOND ( below 54.2$) may heavy drop 48-49$
Bias upside with TP 85Price is well supported above $40.
Trade along with the sideway market bias upside.
SE AnalysisPrice consolidated since my last analysis. No changes to my original expectations, I'm expecting price to continue higher to take out the clean highs at 66.84, and potentially to fill the fair value gap at 82.68.
SE AnalysisPrice consolidated since my last analysis. No changes to my original expectations, I'm expecting price to continue higher to fill the fair value gap at 82.68 next if we get to see price break above 66.39.
$SE Inverse Head & ShouldersReversal Pattern for SEA Limited. When neckline break expected target is ~$130.
SE AnalysisPrice played out nicely according to my previous analysis. No changes to my expectations. Price has giving a confirmation on the lower timeframe. Price should be ready to rally. Potential target for this up move is to target the fair value gap at 82.68.
Sea Limited LongTo be honest selling Tesla gave me a big handful of profit as I was holding it for a long time. So dividing my profit and investing in Sea Limited and Morgan Stanley (check this analysis as I posted recently) at the moment.
The $69-$67 level seems to be a good entry point, as always don't invest everything in one go. If that support breaks due to bad news, we would be looking somewhere between the $58-$56 level.
As always please do your own analysis and invest folks - Thanks
Trading SE to $68I use 70c expired 08/18 to trade SE to $68.
Sea currently functions as a holding company for Garena, SeaMoney, and Shopee. Since 2020, Sea is also the owner of Singapore Premier League football club Lion City Sailors FC, after Forrest Li acquired, privatised and renamed Home United.
A Little Bit Patience Is NeededThere is still space below from the currrent price for NYSE:SE . I think it is worth to wait since potential >10% drop could be on the horizon -look at China's current situation especially-. Also, RSI is very weak and CMF seems natural which also shows that a bit downward movement should be expected.
$48 seems like a good price to buy.
$75 and $80 seem like good TP points in the mid-long term.
SE AnalysisPrice consolidated since my last analysis. Price is currently building equal lows at 56.05. No changes from my previous expectation, I'm expecting price to take out the equal lows before going higher from here.
SE AnalysisPrice did not play out as analyzed last week. Price has now created equal lows at 56.05. Price is very likely going to take this out before deciding if it's going to continue higher with confirmation.
SE AnalysisPrice did not play according to my analysis last week. Price is currently on a bearish retracement. No changes to my expectations, I'm expecting price to continue higher to fill the fair value gap at 82.68.
SE AnalysisPrice playing out nicely as analyzed last week, giving us a +8.89% move before a bearish retracement. No changes from my expectations, I'm expecting price to continue higher to fill the fair value gap at 85.68 next.
SE AnalysisPrice did not play out as analyzed last week. However, price mitigated an old order block at 56.95, giving a nice 7.20% reaction off it. From here, I'm expecting price to continue higher, at least to fill the 50% fair value gap at 82.68.
SE has a chance for a bullish reversalSE closed with bullish englufing candle on daily timeframe. Expecting reversal from here.
2 targets shown on the chart
Stop loss can be placed below 56$
SE AnalysisPrice playing out nicely as analyzed last week, giving us a 12.96% move to the downside. From here, I'm expecting to see a confirmation on the lower timeframe before we decide to take a retracement trade to the upside as I'm expecting a bullish retracement from here.
SE AnalysisPrice playing out nicely as analyzed last week, giving us a 16.51% move in price to the downside. From here, I'm expecting a continuation lower into the bullish POI at 65.13 next.
Bullish Momentum Meets Earnings Dip in SE: A Unique LongAs we dig deep into the technical landscape of SE, a compelling trading scenario emerges, presenting an intriguing opportunity for traders who can handle a bit of volatility.
Firstly, we're seeing the 200-day Moving Average (MA200) positioned below the current price level, a classic bullish sign in technical analysis. This demonstrates a long-term upward trend, indicating that the bulls have been in control.
Despite a significant dip of 16% following the earnings release, the volume on SE has remained high.
SE is currently trading at the upper band of the Bollinger Bands. Although some may see this as an overbought condition, it could also represent strong momentum when viewed in conjunction with other indicators. Given SE is also trading at the lower band of its secondary ascending trend, we could interpret this as a sign that the stock is hitting a support level within its upward trend.
With these factors in mind, the current price level might present a unique opportunity for a long position. The stock is currently in a dip following earnings but is still maintaining its overall bullish structure. Traders could potentially take advantage of this temporary dip in the context of a broader uptrend.
That being said, as with any trading idea, it's crucial to manage risk effectively. Consider setting a stop loss at a level that would indicate a breakdown of the bullish trend, such as a significant break below the MA200 or the lower boundary of the ascending trend channel.
Disclaimer: This is not financial advice. Always do your own research and consider your risk tolerance before making a trade.
SE AnalysisPrice has broken market structure to the upside, leaving some fair value gaps behind. The target for this up move is potentially the highs at 88.84, which price will take the liquidity and move lower. Price will either mitigate the bullish POI at 76.91 next, or simply fill the fair value gap at 82.38 before moving higher, following the bullish order flow.
