Shares of Sea Limited (SE) have started to correct their massive run to the upside. The bubble looks to be breaking as the stock has fallen from a high yesterday of $116.00, dropping to a low of $100.66 today. This fall is just the start of a massive unwind in the bubble that is Sea Limited. With a market cap of $50 billion, it is worth more than Electronic Arts (EA) at $37 billion while not even coming close to the profit or revenue numbers. This signals a continued major Sea Limited correction over the coming weeks and months. Based on pure technical chart analysis, Sea Limited will drop to as low as $62 in the coming months. That still means 40% downside.
A net gain of +1,058.74% through June 24th, 2020 is a reality for members of Verified Investing Alerts. For investors who want to maximize profits to an insane degree, swing trading technical chart setups using the PPT Methodology is easy and profitable. Swing trading using these methods allows smart investors to jump in at key levels and out for 10%+ gains in days. Master Trader Gareth Soloway has guided his members, actively swing trading stocks, using key technical levels for multiple profits of 10%+ almost every day (yesterday 3 winners of over 10% each). With the wild swings in the equity markets, members are getting multiple trades a day (on average). See the VERIFIED track record HERE (scroll down on the page). Gareth consults for hedge funds but still helps average investors swing trade. Members get exact entry prices, stops, targets and daily videos that analyze the market, stock and current positions. The second Master Trader Gareth Soloway buys/sells a stock, members get a text/email alert to get them in/out of the trade in seconds. Not the chart below for Sea Limited correction max target level.