$Sea Ltd(SE)$  price is under the sea after rapid interest rate hikes and $Tencent Holding Ltd.(TCEHY)$   reduced its holdings in Jan this year. se has made radical changes to bail water out of its sinking ship, even to the extent of not getting paid until the ship is above water. 

in my opinion, there are much better stocks available if you haven't invest in se yet. companies that are profitable and much more well known globally and well diversified. 

if you are already vested, let's take a look at the pnf chart. it has bounced off a support at 40 region. and has reached its resistance zone at 65 region. with fed hawks hovering around the stock market egging on $US2Y(US2Y.BOND)$   to rise, upside will be limited. likely to cover gap up at 51.34 as the broad market santa rally takes a breather. the santa rally will likely continue into dec before another fed induced crash.

usd crashed on hopes of fed pivot resulting in hawkish comments from the fed. time to exchange some usd to charge up your buying power. 

remember to apply automatic investment system by taking profit at 10% intervals or at resistance zones if you know technical analysis. this way you will have capital to buy the dip. 

merci beaucoup @TigerStars  [Salute] 

happy thanksgiving, may you enjoy quality time with family and friends. 

# Target price for SE after jumping 36%?

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.

Report

Comment197

  • Top
  • Latest
  • th0mastan
    ·2022-11-20
    Mind sharing what chart indicator are you using?
    Reply
    Report
    Fold Replies
  • TheMoneyTeam
    ·2022-11-19
    I rather miss this.there is plenty of quality stocks out there.do not rush
    Reply
    Report
    Fold Replies
    • melson
      concur
      2022-11-19
      Reply
      Report
  • BerniceCarter
    ·2022-11-18
    Wow looks like SEA will rise in the dip,wanna buy some shares ahaha.
    Reply
    Report
    Fold Replies
    • melson
      wait for it to retrace, risky to chase the rally unless you are as nimble as supercomputer.
      2022-11-18
      Reply
      Report
  • 小辉goPro
    ·2022-11-19
    deep blur Sea ⛵ [Cool]
    Reply
    Report
    Fold Replies
    • melson
      red sea
      2022-11-19
      Reply
      Report
  • Vandaluus
    ·2022-11-19
    Punting opportunity
    Reply
    Report
    Fold Replies
    • melson
      bon courage et prenez soin de vous
      2022-11-19
      Reply
      Report
  • ChernTiong
    ·2022-11-20
    thanks for sharing
    Reply
    Report
    Fold Replies
    • melson
      de rien
      2022-11-20
      Reply
      Report
  • Mistake96
    ·2022-11-18
    所以可以做空了吗? [贱笑]
    Reply
    Report
    Fold Replies
    • melson
      太危险了。。。。。。
      2022-11-18
      Reply
      Report
  • CaesarHicks
    ·2022-11-18
    ok i don't think it's a good time to buy SEA at this period.
    Reply
    Report
    Fold Replies
    • melson
      that's right
      2022-11-18
      Reply
      Report
  • raven_r1
    ·2022-11-20
    Great ariticle, would you like to share it?
    Reply
    Report
    Fold Replies
    • melson
      merci
      2022-11-20
      Reply
      Report
  • LMSunshine
    ·2022-11-26
    🤔 Seems like you sound bearish about SE and you’re not holding it?
    Reply
    Report
    Fold Replies
    • LMSunshine
      I see…good strategy to avoid companies at a loss!
      2022-11-26
      Reply
      Report
    • melson
      not holding, not touching unprofitable companies
      2022-11-26
      Reply
      Report
  • CYKuan
    ·2022-11-19
    can invest but follow own game plan portfolio allocation %
    Reply
    Report
    Fold Replies
    • haiwei183
      ok
      2022-11-20
      Reply
      Report
    • Zasper
      Ok
      2022-11-20
      Reply
      Report
  • shaunlohloh
    ·2022-11-21
    Nice
    Reply
    Report
    Fold Replies
    • melson
      merci
      2022-11-21
      Reply
      Report
  • BryanSng
    ·2022-11-21
    Thanks
    Reply
    Report
    Fold Replies
    • melson
      de rien
      2022-11-21
      Reply
      Report
  • Keshin
    ·2022-11-21
    Thanks
    Reply
    Report
    Fold Replies
    • melson
      de rien
      2022-11-21
      Reply
      Report
  • Metafable
    ·2022-11-21
    👍
    Reply
    Report
    Fold Replies
    • melson
      merci
      2022-11-21
      Reply
      Report
  • Newnew
    ·2022-11-21

    Hi

    Reply
    Report
    Fold Replies
    • melson
      2022-11-21
      Reply
      Report
  • Newnew
    ·2022-11-21
    Hi
    Reply
    Report
    Fold Replies
    • melson
      2022-11-21
      Reply
      Report
  • K
    Reply
    Report
    Fold Replies
    • melson
      2022-11-21
      Reply
      Report
  • 葉家豪
    ·2022-11-21
    Ok
    Reply
    Report
    Fold Replies
    • melson
      2022-11-21
      Reply
      Report
  • PLTan
    ·2022-11-21
    👍
    Reply
    Report
    Fold Replies
    • melson
      merci
      2022-11-21
      Reply
      Report