SE BofA upgrades to BUY with $340 price target! This looks actionable now however, I want to wait a bit until it moves up over the $278 area. I'm hopeful that once above that area it will become support vs resistance. All TBD. I have an alert set at $278.10. I have made a number of notations on the chart that are important to my "building a case" for going long. SE reported earnings on May 18 and had an earnings beat. Ideas, not investing / trading advice.from earningswhispers.com
Sea Ltd ADR (SE) reported a 1st Quarter March 2021 loss of $0.82 per share on revenue of $1.8 billion. The consensus estimate was a loss of $0.56 per share on revenue of $1.8 billion. Revenue grew 146.7% on a year-over-year basis.
Sea Limited is a leading global consumer internet company founded in Singapore in 2009.
Note
6/10 CORRECTION: SE Did Not Beat, they missed on earnings.
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.