In 1 hour chart Lead price continues to trade at 153.6 and below the (Exponential Moving Average)EMA200 value of 155.01 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 155.01 is proving a tough nut to crack.
Pivot (invalidation): 154.55