SRE Sempra Bullish oppertunity(Long term)
Updated
Fundamental
- Stock has great fundamentals, good earnings growth.
- You could expect this stock to trade near 85.
Technical
- Good risk reward setup possible.
- Buyers making the market move.
Strategic
- Winter is coming with inflation + volatility pushing commodity prices up so I expect
this earnings to be even better
- Stock has great fundamentals, good earnings growth.
- You could expect this stock to trade near 85.
Technical
- Good risk reward setup possible.
- Buyers making the market move.
Strategic
- Winter is coming with inflation + volatility pushing commodity prices up so I expect
this earnings to be even better
Note
This stock is more defensive, knowing that the interest rates will decrease makes it a possible leftover for me. But After research it appeared that lowering interested rates will make the stock increase on first sight with $14. So I stay long on this stock. Trade closed manually
- I'm still bullish on the expectations but I faced that this stock underperforms my portfolio and that makes that I exit the trade. 
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