Reward/Risk is 3.11 with stop and first PT as pictured. Orders are scattered across the short zone.
Chart purely based on technicals and larger market correction.
SEIC: SEI 2018-12-11 16:02:00 SEI Declares Dividend of $0.33 Per Share and Announces Increase in Stock Repurchase Program
SEIC Core APP: Investor Confidence Level: 50% Reason: No Economic Moat Over-Valued according to 10.41% EPS Growth Fair Value: $26.65 TA: Death Cross just appear... expect to go lower and break Support Looking at $69 at Support, and Resistance at $77 Next Support $64.50 Holding Period: 1 month Potential Gain: $8 Wait for Golden Cross RSI: OverSell Stochastic...
SEI Investments announced on the 20th of Sepetember to form a Block-chain partnership with a company based in London, this is a clear strategy to boost earnings as block-chains are becoming a popular thing in the investing world, on the same day of the announcement, the stock broke Resistance at $58, price is currently up 7% from the announcement, Stop at $61...
Pullback Status: Watching Technicals: Horizontal S&R: yes Channel S&R: yes MA S&R: no Pearson's R >= 85: yes Price within Fib Ret..62: yes Stochastic turn/crossover above 80%: yes AO pullback >0<1.38: yes Fundamentals: IBD EPS Rating: 89 IBD SMR Rating: A