Sea Limited is plunging. Time to buy yet?
Hi everyone,
We are currently in a midst of a moderate correction. I personally think it is almost over, based on DIX/GEX printing, the duration of elevated VIX, etc.
These kind of periods are great for your previous analysis review.
So let's do just that.
SE has been plummeting since November 16 and has lost over 30% already.
It broke the rising trend and is far from it now.
However, my demand levels from the previous analysis showed great price interaction.
We saw some proper action at 308, 283 and 253 levels.
Every level lower is a signal for an increased size accumulation.
Next level on the way is 228 and I am looking forward to buying more if we get there.
Hope you are coping with this turmoil alright.
As always, trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise
We are currently in a midst of a moderate correction. I personally think it is almost over, based on DIX/GEX printing, the duration of elevated VIX, etc.
These kind of periods are great for your previous analysis review.
So let's do just that.
SE has been plummeting since November 16 and has lost over 30% already. It broke the rising trend and is far from it now.
However, my demand levels from the previous analysis showed great price interaction.
We saw some proper action at 308, 283 and 253 levels.
Every level lower is a signal for an increased size accumulation.
Next level on the way is 228 and I am looking forward to buying more if we get there.
Hope you are coping with this turmoil alright.
As always, trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise
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