Lead Trend Today Technical Analysis for 05-11-2019 16:00:05


In 1 hour chart Lead price continues to trade at 156.85 and below the (Exponential Moving Average)EMA200 value of 158.518 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Lead continues to trade below level, that could be an extraordinarily Bearish sign for Lead

Even so, the 200-candle Exponential moving average (EMA) price range of 158.518 is proving a tough nut to crack.

Pivot (invalidation): 156.95

Our preference: Long positions above 157.6

Alternative scenario: Below 156.25 look for further downside.

Support Resistance Levels For Lead Today at 05-11-2019 16:00:05

Pivot: 156.95

Resistance 1: 157.6

Resistance 2: 158.3

Resistance 3: 158.95

Support 1: 156.25

Support 2: 155.6

Support 3: 154.9

Yesterday High Low Close For Lead

Yesterday High: 157.65

Yesterday Low: 156.3

Yesterday Close: 156.9

Today at 05-11-2019 16:00:05 Lead trading at 156.85 with high of 157 and low of 156.5

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