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SSE has support and can power 10% higher

British energy supplier SSE plc (LON:SSE) saw its share price dip following an underwhelming half-year report at the start of the month, but could it be ready to kick on from here?

Technical analyst Zak Mir certainly thinks so, and is tipping the stock to add the best part of £2 to its price over the next couple of months.

“You can see that the shares have been sideways in a range between 1350p and 1650p. At the moment we’ve bounced a support line from February at 1450p,” he explains in the latest segment of the TIP TV Proactive Investors Bulletin Board series.

“One would be looking for recovery towards that 1650p range.”

 
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