From TokenPost · · 40s
Sea Shares Drop 5.65% With RSI Below 30
Sea Limited shares fell 5.65% Monday as its 14-session RSI dipped below 30, signaling oversold conditions.
In brief
Sea Limited shares fell 5.65% Monday as its 14-session RSI dipped below 30, signaling oversold conditions. Sea Limited shares dropped 5.65% Monday after closing at $88.47, with its 14-session RSI below 30 indicating oversold trading. Originally reported by TokenPost.
Sea Shares Drop
Sea Limited shares fell 5.65% Monday, closing at $88.47 after dropping $5.30 from their Oct. 16 close of $93.77.
RSI Below 30
Sea’s 14-session relative strength index was below 30 at close, a level associated with oversold conditions.
Monee Listing Possibility
Chairman and CEO Forrest Li suggested a possible public listing for Monee but gave no date, valuation or transaction terms.
What it means
Sea Limited shares dropped 5.65% Monday after closing at $88.47, with its 14-session RSI below 30 indicating oversold trading.
