BillyWilliams
2023-05-26

$Sea Ltd(SE)$ Filled both the gaps below. 70 next week should be easy. This is way oversold. Anyone saying mid 50s and less is simply short and is trying to get the most out of it. Not happening. We have made the right shoulder of an inverse H&S on the yearly....made a higher low and should ping pong up until earnings in August. After the debt ceiling fiasco is over with coupled with a June Pause....we could see at least a test of 100. Remember Every time SE found a bottom, it doubled. Earnings were high balled and it was the first earning WS projected profit. I call bull and think they wanted lower to get in. They knew if they lowballed this would shoot to 130. If we get to 100 or more, it will probably make a higher low in the 70s or 80s. The shorts can chase and cover. Look at the 3 month. Unbelievably, it closed two of the bottom gaps. Now there are huge gaps above in the 70s and 80s. Let the shorts cover. Smoke them out.

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