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Sea Ltd., Elliott Wave Technical Analysis

Sea Ltd., (NYSE: SE) Daily Chart, 26 June 2023.

SE Stock Market Analysis: Looking for a potential long term bottom of the entire downmove from the end of 2021. As the upmove 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).

Analyst: Alessio Barretta

Sea Ltd., SE: 4-hour Chart, 26 June 2023

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 the upside into wave (3) once we get upside confirmation.

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