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Sea Limited (SE)

Updated: 17 Aug 2021

The stock is testing a $300 zone (round zones tend to be psychologically important) after breaking to ATH. Traders could enter on strength on Monday if it acts well and moves pat the zone, or wait for a slight pullback toward the previous resistance area around $290. A cluster of increasing up volume days shows an accumulation of shares by institutions and should represent a good sign for future movement.

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