$SE has now hit our Wave 1 target which was the August '23 high, this has been a truly remarkable turnaround for $SE and I am delighted for holders who stuck with this because the august decline was completely uncalled for and it has now recovered with a lot of strength.
This is not somewhere I would be chasing either, Wave 2 needs to pull back and we can see that the 0.618 Fib is aligning with the 200 Day MA, a further confirmation that the chart aligns with the theory.
Wait for a 3 wave move down before entering.