Sea Limited
Long
Updated

SE trimming its losses

69
  • Sea Limited stock SE dipped after first quarter revenue topped estimates with 147% year-over-year growth to $1.8B but fell short on adjusted EBITDA.
    • The stock fell on the news to test the major support around $202.40.
      • SE showed a significant retreat from the mentioned support.
        • Prices could target $253 and $270 respectively within the sideways range.
Note
Prices hit the first target.

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