3 years ago

SEK Seeking new highs

SEK Seek Limited ——>  Technical Indicators at work.

The Weekly chart of SEK shows clearly the developed channel over 18 months.
This can go on a lot longer.. or not.
The RSI Indicator is suggesting a buy, ( up tick )  the channel is showing a $2.50 space back to the top of the channel.
Except there is now 3 lows along the bottom of the channel at $15.60.
Price Patterns like “3″
Should the price move to the top of the channel as expected look for a continued move out to $21
Stop are set at the channel line of $15.60.