We have all been watching this closely, those that are holding and those that are intrigued as to whether this will rebound and fill the earnings gap up to $56.
Either way, it is part of my Top 20 for a reason and I believe there is value here....however testing it is.
The MACD is very interesting here, it is showing the trend that sellers have dried up and it is starting to cross bullish and the red bars have finished too, indicating a bullish trend next too.
The RSI is still in the oversold territory and showing a trend again to the upside too.
Getting above $40.56 remains the target here, getting above this level is important and holding, I believe this will put $SE out of danger of going further down than the levels shown in amber.
What we do not want to see is a rejection at the blue line, so we will be watching this.
Pinguo Pinguo
2023-09-05 20:02:59 +0000 UTCGareth Neary
2023-09-05 12:15:58 +0000 UTCDamien O'Sullivan
2023-09-05 12:04:21 +0000 UTCGareth Neary
2023-09-05 12:00:38 +0000 UTCDamien O'Sullivan
2023-09-05 07:54:10 +0000 UTC