$SE has been a bit volatile this week, with some wild bounces, followed by aggressive declines, the price has still managed to stay above the red line at $34.50 but I believe it is possible that a test of this level will happen shortly.
We want to see the bulls defend this level, anything below this level and it is a high concern, with the possibility of a large drop.
So please utilise Stop Losses if you have not done already.
A bounce on the red line could trigger a reversal, we will monitor this as it happens.