Nice bounce from the previous low level this week, we have been here before with $SE, so we need a follow through this time.
4 bounces but we need a new higher high this time above $48.
The price is testing our bear case line now at the blue line at $40.60, a flip here and we are moving in the right direction and will immediately be met by the 50 Day MA....a successful break above this level and $SE is into its first gap to $45.
Getting all this done next will be a strong step in the right direction.
Gareth Neary
2023-12-11 15:10:39 +0000 UTCiTurp
2023-12-11 15:09:55 +0000 UTC