Lead Trend Today Technical Analysis for 04-12-2019 19:00:04

by wealthmann

December 4, 2019

5

In 1 hour chart Lead price continues to trade at 152.95 and below the (Exponential Moving Average)EMA200 value of 154.239 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 154.239 is proving a tough nut to crack.

Pivot (invalidation): 152.367

Our preference: Long positions above 153.133

Alternative scenario: Below 151.833 look for further downside.

Support Resistance Levels For Lead Today at 04-12-2019 19:00:04

Pivot: 152.367

Resistance 1: 153.133

Resistance 2: 153.667

Resistance 3: 154.433

Support 1: 151.833

Support 2: 151.067

Support 3: 150.533

Yesterday High Low Close For Lead

Yesterday High: 152.9

Yesterday Low: 151.6

Yesterday Close: 152.6

Today at 04-12-2019 19:00:04 Lead trading at 152.95 with high of 153.35 and low of 152