SRE – Weekly High‑Base Continuation Setup

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SRE – Weekly High‑Base Continuation SetupSempraBATS:SRERTNG_InvestingAs part of my Q2 2026 Outlook, I’m reviewing the names identified in the Quarterly Analysis and opening positions only in those that maintained clean weekly structure into Week 2. SRE stands out as the most stable continuation candidate in the defensive sleeve. Structure SRE has formed a broad high‑base consolidation after a controlled advance. Price has been coiling in a disciplined weekly range above rising EMAs, with no evidence of distribution. This is constructive compression inside an intact long‑term trend — a textbook continuation setup. Why it matters High‑base structures that form above rising EMAs, with stable momentum and orderly candles, tend to resolve in the direction of the prevailing trend. SRE’s weekly structure shows controlled volatility, a clean coil, and a steady EMA stack — all signaling continuation rather than exhaustion. Key Levels • Base Support: ~73.3 • Coil Zone: ~87.5–97.5 • Breakout Level: ~97.5–100 • Target Zone (Q2): 105–110 • Invalidation: Weekly close below 87.5 Plan I will be opening a position in SRE as part of my Q2 execution plan, with a mid‑June evaluation window unless targets are reached earlier. This follows the timing framework outlined in the Quarterly Outlook: identify structure in Week 1, confirm in Week 2, and execute once weekly alignment is clear. Discipline over prediction. Structure over noise.