CFD Trading – Buy SEA Limited (SE.NYS) @ $258.00. Stop @ $238.00 and Target @ $285.00.


Price broke below the cloud on 21 April 2021 and but managed to move above the cloud on that day. Last Friday, price continues its rally with a strong bullish candle, hinting of a possible rally ahead. Conversion and Base lines had a bullish crossover earlier, hinting of the bullish trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD is bullish and both of its lines are moving higher and away from the zero line. We think price is likely to move higher to the next resistance at $285 in the next 2-3 weeks.

$258.00              Buy
$285.00              Price Target
$238.00              Risk Management Stop
3 weeks              Trade Duration

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