top of page

Sea Limited

Writer's picture: TLivingstonBlogTLivingstonBlog

Sea Limited, $SE, was a monster winner in 2020, rallying all the way up from $50 to $280. It recently came across my radar as I screened for stocks approaching new highs. There are a few things that are attractive to me about Sea Limited. First, the sustained, prolonged uptrend in 2020 is a sign of extreme strength and a clear sign of massive accumulation. For most of 2021, SE has been consolidating in a very large base. These types of bases offer enormous potential. It's almost as if all the pent-up energy acts as rocket fuel. Once released, it can result in immense moves higher. SE has really been tightening up recently, which is something I always like to see before a stock breaks out.

A company founded in Singapore, Sea Limited operates three businesses in the areas of entertainment, e-commerce, and financial services. Garena is their online gaming platform, Shopee is their ecommerce platform for Southeast Asia, and SeaMoney is their digital payment and financial service provider. A couple of things caught my eye when researching SE. First, it is a large-cap growth stock with a consistent track record of strong sales. Big liquid leaders like this are the type of stocks that funds tend to traffic into during strong bull markets. In addition, I believe the trend towards e-commerce, online gaming, and digital payments, which was accelerated due to COVID-19, will continue in the coming years. Finally, Sea Limited's management currently owns over 30% of its' shares, an indication that they too are bullish on the company's future. In addition, SE has seen a steady increase in fund ownership over the past year, indicating that institutions and hedge funds like what they are seeing as well. While I still believe there is the possibility of a summer shakeout in the coming weeks, I am closely monitoring SE for an entry point. When a stock like SE sets up, you don't want to miss the opportunity to own a true market leader.


To learn more about swing trading and trading in general, visit my course page.



Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this post constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog or the associated Twitter and Instagram feeds. The stock or stocks presented are not to be considered a recommendation to buy any stock or stocks. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.

Comentários


Os comentários foram desativados.

Statement on Accessibility

We are working to make this website easier to access for people with disabilities, and will follow the Web Content Accessibility Guidelines 2.0. ​ If you need assistance with a particular page or document on our current site, please contact tlivingstonblog@gmail.com to request assistance.

Join My Mailing List

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Crypto CFTC advisories

bottom of page