SRE made a Cup and Handle Pattern in the daily chart and a symmetrical triangle in the weekly chart.
If it could make a successful breakout from the neckline we could expect it to reach around 160.
SRE. I like this trade. The energy market is heating up. OIL is moving higher which will drive this sector. Not the curling higher MA's on the 4 hr chart. The price is above them all. This is a good looking chart. I'd set my stops at $111, and 1st target at last significant high around $123. I also took a position in 3x GUSH.
HK is in the energy sector. I am not real bullish on the sector, but some stocks have sold down. Mostly the drillers. HK appears to be in the middle of a bull flag. A bull flag should move higher to test the upper channel again ($1.17), as indicated bu the GOLD bars on the chart. The best outcome would have oil move stronger higher allowing the AB part to be...
