Another strong day for $SE moving well in the gap, came down to test the bottom of the gap again at the blue line at $45 and has bounced again, further confirming the upward trend.
What we want to see next is a break above the previous high at $47.20 and we may then get a strong move further to Subwave 3 at $52 quite quickly.
The moving averages also help confirm the trend here too.....when the price passed straight through the 50 and 200 Day MA at the same time, the price has not looked back, this was a strong bullish indication.
We will continue to stay on this.