SamSuka
The Long Investor
The Long Investor

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$SE TOP 20

What a week $SE is having so far from $35 to $43 right now, with another strong 8% day today so far.

We wanted to see this get comfortably above the 0.78 Fib level at $40.60 and bounce and it has done that now, it is also above the 50 and 200 Day MA on the 1hr chart.

The large earnings gap starts between $45.60 to $56.....once the price enters this range, it behaves like a magnet to the top at $56, so this is what we want to see happen.....lets not be surprised if we see a retest of the $40.60 level first.

$SE TOP 20

Comments

Thank you Gar !

Luc

Thanks, Gar. Very helpful as always.

Thomas

A retest of the blue line would be the ideal place to buy if it holds

Gareth Neary

Same question. Would be interested to know whether it's a sensible decision to average down.

Thomas

Are we still waiting for something before buying ?

Luc


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