SEK – Seek Limited

sek

SEK – Seek Limited

Current Price – 14.83    Status – On watch for a sell entry setup

SEK is showing signs of building a major lower high and a short sell setup. We see minor lower highs putting buyers under pressure at 16.75 and 15.90 and are looking for the uptrend to break for a move lower to test the 11.50/12.00 zone. We now would like to see another lower high to build for a sell entry setup and acceleration lower.