$Sea Ltd(SE)$  BYTEDANCE'S TikTok and tech giant GoTo are merging their e-commerce businesses in Indonesia, causing pressure on other e-commerce platforms such as Sea Ltd.

Sea Ltd share price has been trading below EMAs and a recent gapped down after releasing their financial report indicating sign of weakness. 

With negative news and price movements, Sea Ltd is possible of moving lower. Bearish for now. 

# Target price for SE after TikTok returns to Indonesia?

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