Technical Analysis For Lead Today 16-07-2019 16:00:04
In 1 hour chart Lead price continues to trade at 155.7 and above the (Exponential Moving Average)EMA200 value of 154.649 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Lead continues to trade above level, that could be an extraordinarily Bullish sign for Lead
Even so, the 200-candle Exponential moving average (EMA) price range of 154.649 is proving a tough nut to crack.
Pivot (invalidation): 156.267
Our preference: Long positions above 156.783
Alternative scenario: Below 155.583 look for further downside.
Support Resistance Levels For Lead Today at 16-07-2019 16:00:04
Pivot: 156.267
Resistance 1: 156.783
Resistance 2: 157.467
Resistance 3: 157.983
Support 1: 155.583
Support 2: 155.067
Support 3: 154.383
Yesterday High Low Close For Lead
Yesterday High: 156.95
Yesterday Low: 155.75
Yesterday Close: 156.1
Today at 16-07-2019 16:00:04 Lead trading at 155.7 with high of 156.1 and low of 155.55
Related