Dec. 15 at 5:52 AM
$SRE: Current market context shows the stock closing at
$88.49, with an RSI of 36.01 indicating it is in oversold territory, suggesting potential for upward movement. The 30-day moving average (MA30) is at
$91.63, and the 50-day moving average (MA50) is at
$91.82, both above the current price, indicating a bearish trend but also a potential reversal opportunity.
Directional bias is cautiously bullish due to the oversold RSI and proximity to the 60-day low of
$81.98. Suggested entry is at
$88.50, with a stop loss set at
$85.50 to limit risk.
Take profit targets are as follows:
- Target 1:
$90.00 (1.7% ROI)
- Target 2:
$92.00 (4.6% ROI)
- Target 3:
$103.00 (16.4% ROI)
This trade plan allows for a significant upside while managing risk effectively. Monitor price action closely for confirmation.
https://privateprofiteers.com
