SE Head & Shoulder Breakdown Alert

Shares of Sea Ltd. have just broken their head and shoulder neckline. This triggers the pattern break that will take the stock down to $90.00.

Shares of Sea Ltd. (SE) have just broken their head and shoulder neckline. This triggers the pattern break that will take the stock down to $90.00. Head and shoulder patterns are bearish sell patterns. Once triggered, a calculated target is easy to come up with. That target is $90.00. Classic technical setup here for sellers and shorts. This is a perfect SE head & shoulder setup.

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