Disappointing breakdown from the previous low yesterday, I would like to see the low recaptured again very quickly but we need to be open to the fact that it can go lower and I have added the amber support Fib levels below.
This is in a very steep descending wedge now and I am still bullish on $SE in the long term but the trend downward needs to break out before we can confirm a reversal.
So what we are looking for now is support at one of the Fib levels shown at $51, $46 or $40 or a recapture of the previous low.
Like I said before, $SE I am holding regardless and will add again when support is found.
Gareth Neary
2023-07-07 16:25:18 +0000 UTCGareth Neary
2023-07-07 16:25:11 +0000 UTCUtsav JAIN
2023-07-07 15:56:34 +0000 UTCThomas
2023-07-07 15:15:15 +0000 UTC