SRE Sempra Bullish oppertunity(Long term) 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
SREA trade ideas
Long Sempra Energy (Long-mid Term)Fundamentals
- Strong earnings increase.
- Strong earnings outlook with expectations for the coming 3 years.
- Strong expectations of a turnover increase in the future.
- Strategical position of the company.
- with people increasingly moving to the regions where these companies are active
in combination with business moving there this is a strategic play.
SRE LONG - May 24 (MATREND v1.6)v1.6
Calibrated entry specs, to slightly loosen up the Stoploss
atr_x = 2.5
entry_atr_xfactor = 3.7
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This is a simple systematic Trend strategy where entry is based on two conditions
1. Price crossing over the EMA
2. The present ATR is less than an ATR multiple
The ATR condition allows us to enter trades that has not gapped too much as that usually results in a price pullback
Risk
Fixed & tight SL based on ATR multiples closes trades fast
Closing of the trades is a simple price cross over the daily SMA
This strategy only has a 34.38% win rate. So most trades will end up as losers until we hit a strong upswing.
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.
Reversal Identified on SRE - Join new uptrendSRE clearly showing signs of reversal, moving to an uptrend. The reason for this trade is trying to join the newly formed uptrend and score a massive 6:1 Risk/Reward Ratio (RR). The 3 Long Position drawings show the exact entry, stop, and targets for this trade. I am protecting the position with a first target of 2:1 RR, reducing the total risk in 1/3. Next target is sitting at 5:1, when I will start the process of mechanically trailing the stop loss using the Daily ATR as parameter. Per my Trading Plan rules on risk management, I am trading a total of 600 shares, divided in 3 trades, giving me a total risk of $150.
Symmetrical TrianglePrice is below the support line of the triangle.
The support line is now resistance.
Earnings 2-23 and expectations are mixed but more on the positive side than the negative side.
No recommendation.
EPS (FWD)
8.84
PE (FWD)
17.76
Div Rate (FWD)
$4.58
Yield (FWD)
2.92%
Short Interest
0.92%
Market Cap
$49.38B
Sempra operates as an energy-services holding company in the United States and internationally. The company’s San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company’s Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
T1 in larger type than T2.
SRE - To Short Energy Company when Energy Prices Rising?Although the world is clearly experiencing energy supply shock and the prices for oil and gas are exponentially rising is it possible for Sempra Energy , producing electric and gas infrastructure to sink?
Fundamental indicators:
Revenue and Profits - not demonstrated consistent long-term earnings growth over the past 10 years
Profit margin - impressive 33% in 2021 but is it going to be as good in 2022 with looming recession
P/E - extremely overpriced at 40x
Liabilities - no problems with debt
Technically:
The correction of March 2020 was formed by a rapid motive wave and more precisely by a zig-zag
Since then the bull run which has culminated in April 2022 was very choppy and very unlikely to be an impulse or ending diagonal
This means that it was a complex wave B of the overall Running Flat correction and another rapid impulse like correction may now take place
In this scenario wave C is normally of the same amplitude as wave B hence the target of $99
Do you think it's possible for Sempra Energy to drop by 70% before the new growth cycle begins?
Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves.
Thanks
SRE - A Hidden Gem?Whether you're a short term trader or a buy-and-hodler, there could be a good swing play in this stock if it can hold the $134 support level . SRE has broken above the top of the recent range of the last year and is making strong support at these levels in form of a flag. Volume as also been increasing despite any major price changes.
To take this trade, we'll look for a decent close above the purple trendlines . This stock is low IV, so I might enter early since risk is low, especially with a tight stop loss at $134.
Just be careful, this could definitely break to the downside like anything else, but the odds look good for the bullish case. Wait for direction, manage your risk, and you'll be gold .
If you're buying call options, buy lots of time. At least August.
Good luck!
$SRE Potential BreakoutOne more day to go in the trading week, but currently a bullish hammer candle being painted on $SRE weekly chart after a successful backtest of the 10-month trading range created after the COVID crash. Monthly MACD about to tick positive and showing hidden bullish divergence.
Target(s) can be the measured move of the trading range and/or previous ATHs.
*Not Financial Advice*
SEMPRA ENERGY now is in BUY Situation DailyHello traders, SEMPRA ENERGY is in a bearish dynamic fake with low volume of chat performed and a hammer bull candle shape. The TIMEFRAME M1 we see a bull dash with a low purchase volume all conditions are met to start on the rise. Great potential to join the next one on the TIMEFRAME H4 and if buyers are still appreciating the price. We can go to the high point after even seeing the next above to go and test the median.
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