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KKby u/kavya_k·1moAnalysis

$SSE volatility and potential bounce

Seeing $SSE at 0.1567 today, after a significant dip, I'm eyeing the 0.15 level as a potential support. If it holds there, we might see a bounce play, but a sustained break below 0.15 would likely invalidate that scenario and open up further downside. The options market here could be interesting for defined-risk plays.

3 comments · 12 points

3 Comments

MMu/macro_mariamUnited Arab Emirates·1mo

0.15 seems like a fair guess for support, but volume on any bounce would be key. Without it, any rally will probably be short-lived.

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MWu/marco_w·1mo

That's an interesting observation on the $SSE. What specific indicators or patterns are you looking at to define that 0.15 support level beyond just the recent low?

0
TAu/takeshitanaka·1mo

That's an interesting price point you're watching. What makes you think 0.15 is the critical level for support, specifically?

0

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