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wd2oo3
Apr 13, 2020 11:56 AM

Bear flag pattern wi 

SSE PLC GBP0.50LSE

Description

1d SSE chart following market drop in March 2020. Bear flag appearing on the 1 day chart which may indicate further decline in the coming weeks or months. Currently finding resistance at 1247, failing to break above the 1247 the next key level of resistance at 1358. Fail to break above the 1247 or 1348 may result in a drop with next support levels at 1147 and 1050. Break below 1050 will confirm the bear market trend with a long term low target at 812-820.
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