If I wanted to make a trade here, it would be playing the downside with a bearish put spread.
Shares of the food delivery company have rebounded in the last month but will need to contend with overhead chart resistance moving forward.
Let's review the charts to plot this leg higher.
Boeing's new estimate for the FAA's signing off on returning the 737 MAX to commercial skies has been pushed out until summer, June or July? Is that really that bad? Perhaps... this is a positive.
The charts and indicators of the online personalized apparel retailer look constructive enough to approach the stock from the long side.
Digging into the data, the numbers do appear to be quite the mess.
Does it get any better?
The charts and indicators show possible targets that could wash up good returns, so it may pay to stay long SE.
What calls me to the name more than anything else is the dividend.
Here's how I'd trade it.