jacobosiason7

SE- Watching For a Breakout

Long
jacobosiason7 Mis à jour   
NYSE:SE   Sea Limited
SE has seemingly found a bottom here as buyers step in. SE is currently sitting right on a big RSI-Based supply level after reclaiming its 20-day EMA. Will be watching SE closely for a breakout here as it has also formed a bullish ABCD harmonic pattern formed on the daily timeframe (Not Pictured). Additionally, SE is holding quite a large falling wedge on the Weekly Timeframe along with some bullish hidden divergence on the RSI and a Bullish Gartley harmonic pattern (See Attached Chart Below). Bollinger bands are squeezing as well on the 4-Hour timeframe accompanied by more bullish hidden divergence. Bullish & will be watching closely for a breakout if buyers continue to step in (broader market conditions permitting)- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on in the meantime-

- Falling Wedge on the Weekly Timeframe
- Bullish Gartley Harmonic Pattern on the Weekly Timeframe
- Bullish ABCD Harmonic Pattern formed on both the Daily and 4-Hour Timeframes
- Bollinger Bands Squeezing on the 4-Hour Timeframe
- Reclaimed the 20-day EMA
- Buyer Volume Picking up relative to seller volume

PT1- $128.57
PT2- $130.62
PT3- $132.74
PT4- $134.86+

--Weekly Timeframe--
--4-Hour Timeframe--
Transaction en cours:
4/14' 125/150 Call Spreads @ 5.75

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