Sempra (SRE) is getting some serious dumping on the short term.
SRE has now gapped lower on the 15 minute chart. Please note the red volume spikes
on the lower chart pane over the past 4-5 trading days. The explanation is simple, bad weather in SoCal last March is going to affect Q1 results when they get reported in two days.
For those willing to think longer term (months or years) I’m sure SRE will continue to be a fine investment. But, I strongly suspect a bit of turbulence is about to impact SRE.
on the lower chart pane over the past 4-5 trading days. The explanation is simple, bad weather in SoCal last March is going to affect Q1 results when they get reported in two days.
For those willing to think longer term (months or years) I’m sure SRE will continue to be a fine investment. But, I strongly suspect a bit of turbulence is about to impact SRE.
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