SSE - 15/10/2010 - update

SSE

All the previous charts are here.

SSE broke out of the base formation and exceeded target breaking strong resistance as posted in the previous charts.

Strong channel resistance is approaching. This trend line resistance has been tested multiple times over the last 2 years. The price might do a partial decline as shown in the chart before the next breakout.

However, if SSE continues to go up and breaks the resistance and closes above it, we might see further upside.