As we can see last time SEQ
bounced of the blue line. Probably it won't get so low anymore. We can see MACD
crossing and RSI
being pretty low. The question now is not if it will bounce but when it will. When it bounces we'll be crossing 50 day EMA
which is a pretty good indicator itself for going bullish
When bouncing we will perhaps hit the trend line
and fall back down or break it which will maybe give it an extra boost.