SE has been trading within a clear and robust ascending channel since its pivot on April 4th, indicating a sustained bullish bias.Channel Structure: The price action is respecting the channel's boundaries, making pullbacks to support potential entry opportunities.
Critical Support: The $120 level is the immediate line in the sand for the bullish thesis. A break below could see a test of the major $100 support zone.
Optimal Buy Zones: For those looking to position themselves on weakness, the ideal entry zones are not at random points, but at key Fibonacci confluences:
Primary Buy Zone: $166.90 (the 0.5 Fibonacci retracement level).
Secondary/Stronger Buy Zone: $174.54 (the 0.618 Fibonacci retracement level, a classic "golden pocket" area for reversals).
This setup provides a clear roadmap: trade the bounces within the channel, using the Fibonacci levels and support zones as guides.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.