Strategic Education Inc

The active Lockout Rally, driven by short-covering demand, has reclaimed key EMAs and sustained momentum despite extreme overbought readings. Medium-term continuation is supported by a Stage 2 regime with low transition risk and constructive moving-average alignment. Fundamental metrics remain attractive, and the Lockout Rally override justifies immediate participation on a break above recent resistance or on a shallow pullback to the 9/20 EMA zone. A decisive drop below the short-term EMAs would invalidate this bullish posture.

• ↑ETS revenue +21% YoY to $42M, aiding 90 bp operating margin gain
• ↑Employer-affiliated enrollments +10% YoY, now 34.5% of US higher-ed base
• ↓Unaffiliated student enrollments falling at Strayer weigh on revenue