I highlighted $SE during the week to say that this has lost its 50 Day MA and this is a positive development for the chart.
The Fib levels aligns very nicely with the support/resistance levels but I would like to see the price move down further than the 200 Day MA at $81 and go to the 0.618 Fib at $67
But if this is a stock you like, let's watch for support between $81 and $67.
This has been one of our best performing stocks for 2024, so many members would be keen to add this at a lower price to catch the next wave higher.