melson
2023-12-13

$Sea Ltd(SE)$  is now at support zone. this is a good zone to accumulate. the stock market is waiting for hints from fomc meeting tonight to decide whether to rally or not. cpi yoy is 3.1%, as estimated and cooler than last month's 3.2%. this is good.

$US10Y(US10Y.BOND)$ points to possibility of lower interest rates. the stock market gets jittery whenever us10y approaches 5%. 

Chinese government promises support of the economy. the property crisis is a drag on the Chinese economy and in turn affects the hk, sg and china stock markets. 

looking at se's pnf, next support if it breaks down is 27.5. if it rally upon good vibes from fomc meeting, then it will be back to 40 at least. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerWire for this hot topic to post

merci beaucoup@TigerStars for reviewing our posts

merci beaucoup@Asphen for sharing your insights

merci beaucoup@koolgal for your many insightful posts

Target price for SE after TikTok returns to Indonesia?
TikTok has pledged to invest $1.5 billion in a subsidiary under Indonesia's GoTo Group to revive shopping app services in Indonesia. SE dropped 12% during trading hours. ------------------- What's your target price for SE? Is it worth investing or not?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • koolgal
    2023-12-13
    koolgal
    Thanks for sharing your valuable insights.
    • koolgalReplymelson
      It is great to share knowledge among friends. 💕
    • melson
      [Happy] [Salute] your insights are valuable too
  • LMSunshine
    2023-12-22
    LMSunshine
    No confidence in SEA😅 What about SEA do u like?
  • koolgal
    2023-12-13
    koolgal
    SEA has dropped so much that it is undervalued.
    • koolgalReplymelson
      Thanks for your tips 😍😍😍
    • melson
      indeed. good to accumulate, if it falls further then it is clearance sale
  • LEESIMON
    2023-12-13
    LEESIMON
    🩷Good
  • Asphen
    2023-12-13
    Asphen
    Good ones!!!
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