Our post on SEI from December 8th, we were monitoring a breakdown and retest from its triangle pattern. In that post, I said I would make a follow up once the breakdown target is reached and here we are! Also, Here is a link to that previous prediction:
Our measured move breakdown target was $0.44-$0.45. Price is a little lower than that now but the first target has been reached. If we do drop lower we could see $0.40 followed by support at the 200MA.
These targets were also mentioned in this post if price was to break the $0.50 level (which it did). Hope these charts help!
Our measured move breakdown target was $0.44-$0.45. Price is a little lower than that now but the first target has been reached. If we do drop lower we could see $0.40 followed by support at the 200MA.
These targets were also mentioned in this post if price was to break the $0.50 level (which it did). Hope these charts help!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.