SSE hitting $0.10 by year-end 2024
Được dịch tự động từ bản gốc · Đọc bản gốc (English)
Considering the current price of $SSE at $0.1567, a further drop to $0.10 by year-end 2024 seems plausible, though far from a certainty. The daily range alone, currently between $0.15 and $0.1893, shows significant volatility. With the current -19.97% daily move, there's clearly a lack of buying interest or some heavy selling pressure. If this momentum continues, breaking through psychological levels will become easier. I'd put the odds of hitting $0.10 somewhere around 40%. It's not a strong conviction bet, but the downward trend suggests the potential is there, especially if broader market sentiment deteriorates or specific company news emerges that reinforces the negative outlook. Sustained selling without significant support entering the market could certainly push it lower. On the flip side, any positive catalyst could easily see a rebound to previous resistance, making the $0.10 target less likely. It's a binary outcome essentially, largely dependent on market perception.