Nov. 13 at 1:11 AM
$SRE: The last close at
$93.79 indicates a strong position above the 30-day moving average (MA30) of
$92.12 and the 50-day moving average (MA50) of
$88.86, suggesting bullish momentum. The RSI of 62.19 indicates that the stock is approaching overbought territory but is not yet excessively high, allowing for potential upward movement. The 60-day high of
$95.72 provides a resistance level, while the low of
$78.97 establishes a solid support range.
Directional bias is bullish due to the stock's position relative to key moving averages and the recent price action. Suggested entry is at
$94.00, with a stop loss at
$91.50 to manage risk. Target 1 is set at
$95.50, just below the 60D high, and Target 2 at
$97.00 for further upside potential.
This plan leverages current momentum while maintaining risk management.
https://privateprofiteers.com
