Will the Falling Wedge hold or fail? Plot your targets on the chart.
Reversal pattern. Price likely to break upwards.
A clear signal has emerged for Sei (SEI) on the daily chart. The stock is trading at $0.05, up 7.12% on the day. The primary technical feature is a Falling Wedge formation. Volume is strong (1.42x avg) with moderate trend strength (30.0). A potential breakout level is identified at $0.06, targeting $0.07 with support near $0.05 (R:R 0.64).
What is your outlook on SEI?