Research

12/11/24

SSY Weekly Technical Analysis Update – 12th November 2024

“Cape Dec 24 – As soon as the resistance at $22,000 was broken it was catapulted too the September/October resistance starting at $25,000 and extending to the contract high at $27,935. Last week we said, “The consolidation is capable of supporting a good bounce.” Cape Dec 24 has moved sharply to consolidation resistance which extends to $27,935. The momentum is very strong, and it is likely we will go to it and possibly through it”

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