Ok this has played out how we expected and we got our retest on the 0.618 Fib and so far it has held support and bounced.
The bounce has brought this up to the 200 Day MA on the 1hr chart to $42.
The bounce is welcomed but we want this to make sure it stays above the 0.618 Fib or the blue line at $40.60 and solidify this level as a strong support level, as it has done since late Sept.
The market holding its critical support should help here too.
Failure to hold these levels and $SE is coming down once again.