As shared in
previous articles, I recently opened a position in Sea Ltd in Jan/Feb this year.
My average buy in price is around high 30s.
Based on latest closing price of $58.4, I’m up about 50% since my buy in price.
Given the rapid move in share price (and latest earnings) – I wanted to take a closer look at Sea to discuss whether I would:
- Buy more Sea stock
- Take profit in my Sea Stock
- Hold
Quite a few of you have been asking me about Sea Ltd (Shopee) recently.
So I decided to release this FH Premium post to everyone.
This was written in early March when the share price was around $58.
Share price has since dropped below the key $56 support, so the technical analysis portion of this article is no longer be relevant – and my views have changed since.
However the fundamental analysis for Sea, and general thought process, remains very much relevant....
