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Home / Support and Resistance / Scottish & Southern Energy (SSE)

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Scottish & Southern Energy (SSE) A trading opportunity for you?

Will SSE PLC shares move above the 1150 support zone, or will it return to year lows of 1008 (-12.4%)?

  • Trading around the 1150 resistance (at time of writing), is this attractive to short sellers?
  • Has tested this level repeatedly over the past year. Most tests have failed, though there have been some breaks (traders should be mindful of stop-loss placement).
  • Will the share price fall once again towards year lows of 1008p? (-12.4%)
  • Shares -7.3% from 2019 highs; +12.4% from 2019 lows; +7.4% year-to-date.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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