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.