SE going to 320 before earnings

9 de ago. de 2021

SE

I see the next take profit level at 312 where the longer time inside pitchfork channel meets the top.
Brief pullback and rip to 320 before earnings.

Catalyst: Delta variant and pre-earnings rush




Driver for stock to rise:

"But investors have recently come back to technology stocks as the COVID-19 delta variant circulates and some areas of the economy still appear to be fragile. With Sea Limited's digital entertainment and e-commerce businesses poised to benefit when people spend more time at home, investors may be snatching up shares of the company as worries increase that the delta variant could slow down reopening efforts."

fool.com/investing/2021/07/22/why-sea-limited-stock-is-rising-this-week/