The Long Investor

$SE TOP 20

Added 2024-07-21 14:15:23 +0000 UTC

$SE has had its first hiccup of 2024 this week and failed to make a higher high after holding support above the green, price looks set to test this level again at $67 and the bulls need to hold this line.

I can not deny that I see a Head and Shoulders pattern here in this formation but if the green line is held then the bulls can break out of this formation, which we have seen happen over the last 6 months.

If the green line is not held, then I have added in the white fib levels to show where support can come.

Right now the 200 Day MA is in between the 0.5-0.618 Fib right now.
Earnings are expect in the second week in August, price needs to hold until then.