In 1 hour chart Lead price continues to trade at 154 and below the (Exponential Moving Average)EMA200 value of 155.039 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell 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 155.039 is proving a tough nut to crack.
Pivot (invalidation): 153.733