Jul. 1 at 10:48 PM
$SE
+7%
And yeah… I know moves like this can look simple on the surface, but this is the kind of price action that starts getting people to pay attention for a reason.
What I’m seeing:
price pushing back above / reclaiming the weekly 21MA
last time we had a similar reclaim, it led to a huge multi-x expansion move
volume isn’t crazy yet, more of a steady grind than a blow-off
feels more like an early signal than a fully confirmed trend acceleration
I’m not saying it repeats the same way again.
But structurally, this is one of those areas where trends either start to really extend… or fail pretty quickly.
Right now it’s more of a “keep it on the radar and don’t ignore it” type of setup.
What happens next is what really matters here whether this is just a bounce, or the start of something bigger.