SE broke above some resistance levels on the log scale; however, still resides within a longer parallel channel on a regular scale.
Expect a short term rejection at the upper channel at ~90, which coincides with resistance within a symmetric wedge on the log scale.
Longer term SE can go either way, but would be very bullish if either upper channel (regular &...
SE is at a strong resistance level, within a parallel channel (log chart) formed over the last 7 months.
Resistance coincides with fib retracement level.
If it breaks through upper channel resistance, with large volume, then tight stop at $90.
