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Sea Ltd.(SE:NYSE) Elliott Wave Technical Analysis 26 June 23


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Sea Ltd., Elliott Wave Technical Analysis
Sea Ltd., (SE:NYSE): Daily Chart, 26 June 23,
SE Stock Market Analysis: Looking for a potential long term bottom of the entire down move from the end of 2021. As the up move subdivides into a nice and clear five wave move, we can expected to see further upside into the long term future.  
SE Elliott Wave Count: Wave (2) of 1.
SE Technical Indicators: Below all averages.
SE Trading Strategy: Looking for a break of wave (1) to then have confirmation of a five wave move into either wave (3) or (C).
TradingLounge Analyst: Alessio Barretta
 
 
SE_6_26.png.c2c10a13e9fe4e0457128fa93d2542c0.png
 

 
Sea Ltd., SE: 4-hour Chart, 26 June 23
Sea Ltd., Elliott Wave Technical Analysis
SE Stock Market Analysis: Looking for upside resumption soon as we seem to have a completed three wave correction into wave (2) and breaking the 55$ low could compromise the whole count.  
SE Elliott Wave count:  Wave {i} of 1.
SE Technical Indicators: Below all averages, highest RSI reading  of the entire move from the 2021 top circled in yellow.  
SE Trading Strategy: Looking for upside into wave (3) once we get upside confirmation.
SE_4H.png.138cb899dc0db10ed0f589c24cb0fa9d.png
 
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