SE hit it's lowest point on 9 Nov22, several days before an earnings beat pushed gapedthe stock up strongly. However the rebound since had been volatile until another earnings beat on 7 Mar23 gapped the stock up strongly again, this time well above it's 200 day Moving Averae, and a Golden Cross materialised a few days later. The Gap that happened this time had remained unfilled since.
The stock has clearly turned the corner. Looking to accumulate at this recent dip. However, more momentum might materialise only if and when the stock eventually is clear and stay above the neckline @ 92.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
The stock has clearly turned the corner. Looking to accumulate at this recent dip. However, more momentum might materialise only if and when the stock eventually is clear and stay above the neckline @ 92.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
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