Shares of SEK have extended this week’s gains and have reached a two-week high of $18.55 in early trade today.
The online job search engine has been under an ALGO buy signal since August and is part of our ASX Top 100 Model Portfolio.
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We consider much of the recent downside price action technical in nature and see solid chart support in the $17.50 area.
The next key resistance level is near $19.60 with a longer-term target above $20.25.
SEEK
