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!
Sestock
SE Sea Limited Options Ahead of EarningsIf you haven`t sold SE here:
Then you should know that looking at the SE Sea Limited options chain ahead of earnings , I would buy the $60 strike price Puts with
2023-6-16 expiration date for about
$6.15 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
$SE Potential Routes 12/15-12/18With the Share offering $SE saw a decent pullback, but now is pulling back on low volume, so I am looking for a volume spike tomorrow that could break us out of the descending Wedge. Anytime we fall with low volume I am looking for a bounce. Long options swings out to $200 are on my radar if these conditions match to the upside. Strong Volume $200 EOD / Accumulation of Volume : potential bounce to $195 / Low Volume: 190 bounce. I am bullish on this stock. They release that they did 4x the sales this season compared to last year. So this could look good on the earnings report and with more news we could see that volume pop we need.