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Here’s what I see on Sea Limited $SE

11/28/24
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Sea Limited ($SE) stock is currently in an uptrend, trading above major moving averages, despite recent minor selling pressure. While volume has decreased, a potential breakout above $118 could signal a stronger upward move, and traders should set an alert for this level and monitor volume confirmation before entering a trade.

Stock Trend & Support

00:00:15 Sea Limited ($SE) is in a well-defined uptrend, trading above major moving averages. The stock recently experienced some selling pressure, but it has pulled back to the 8-day exponential moving average, indicating short-term support. This suggests the upward trend remains intact.

Trading Opportunity

00:00:48 A potential move higher is anticipated with a break above $118, requiring confirmation from increased trading volume. The current decline in volume suggests a potential pause before a strong move. Traders should set an alert at $118 and wait for volume to confirm the breakout before entering a trade.