I haven't been using EW to do SE analysis for a while now after I have called the peak and continued call for it's drop when it's going down.
The truth is, I can't be bother to try to continue doing EW on this after it has fallen so far. If anything, I will look for long opportunities now for SE. Unfortunately, there is no clear sign that this stock will continue to move up.
My last analysis on this stock was wrong because I didn't do EW on it. This time it is the same, not an EW analysis. But I am pretty confident that this time it can't stay up because divergences are quite reliable.
The truth is, I can't be bother to try to continue doing EW on this after it has fallen so far. If anything, I will look for long opportunities now for SE. Unfortunately, there is no clear sign that this stock will continue to move up.
My last analysis on this stock was wrong because I didn't do EW on it. This time it is the same, not an EW analysis. But I am pretty confident that this time it can't stay up because divergences are quite reliable.
