Aug. 10 at 3:28 AM
$SRE carries a market capitalization of
$54.20B and a trailing P/E of 18.45. On the 8-hour technical chart, price action is testing the lower boundary of a multi-month descending channel floor, accompanied by aggressive options flow—including an institutional
$32.4K call sweep picking up the
$90.00 strike for September 18 expiration. Smart money is positioning for a mean-reversion bounce as defensive capital rotates back into premier utility infrastructure. 🐂 🎯
Bull Key Levels: Sustained volume acceptance over the immediate channel midpoint resistance at
$88.00 confirms a reversal setup toward upper supply bands. 🐂 🔥
Bear Key Levels: A breakdown under the lower channel trendline support near
$82.50 invalidates the bounce thesis and initiates a deeper downside flush. 🐻 ⚠️
Take Profit Targets:
$92.00 /
$95.00. 💰 🎯
#hovdid #SRE #Sempra #OptionsFlow #StockMarket
