Lead Trend Today Technical Analysis for 16-01-2020 19:00:03


In 1 hour chart Lead price continues to trade at 153 and above the (Exponential Moving Average)EMA200 value of 152.008 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 152.008 is proving a tough nut to crack.

Pivot (invalidation): 152.55

Our preference: Long positions above 153.3

Alternative scenario: Below 151.95 look for further downside.

Support Resistance Levels For Lead Today at 16-01-2020 19:00:03

Pivot: 152.55

Resistance 1: 153.3

Resistance 2: 153.9

Resistance 3: 154.65

Support 1: 151.95

Support 2: 151.2

Support 3: 150.6

Yesterday High Low Close For Lead

Yesterday High: 153.15

Yesterday Low: 151.8

Yesterday Close: 152.7

Today at 16-01-2020 19:00:03 Lead trading at 153 with high of 153.2 and low of 152.45

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