Asian technology company, Sea Limited is showing encouraging signs of a trend reversal after finding support near the S1 pivot level. This is a well diversified technology giant with foot prints in all the right places. Think Amazon with a splash of Roblox and a few shakes of PayPal thrown in the cocktail. The stock has rallied above the psychologically important $100 level and is now approaching its central pivot, which could serve as the next area of resistance. The broad stability of its different business units are helping it recover from a recent pullback and set up a potential entry point. Take a look.

Momentum continues to improve, with the PPO rising and remaining above its signal line, indicating strengthening bullish momentum. A decisive move above the pivot would increase the likelihood of a rally toward the R1 resistance level. As long as SE continues to hold above recent support and the PPO maintains its upward trajectory, the intermediate-term outlook remains constructive.

Wishing you the best,

Wendy

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