Lead Trend Today Technical Analysis for 12-02-2020 16:00:03

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In 1 hour chart Lead price continues to trade at 145.65 and below the (Exponential Moving Average)EMA200 value of 146.523 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 146.523 is proving a tough nut to crack.

Pivot (invalidation): 144.983

Our preference: Long positions above 147.017

Alternative scenario: Below 143.667 look for further downside.

Support Resistance Levels For Lead Today at 12-02-2020 16:00:03

Pivot: 144.983

Resistance 1: 147.017

Resistance 2: 148.333

Resistance 3: 150.367

Support 1: 143.667

Support 2: 141.633

Support 3: 140.317

Yesterday High Low Close For Lead

Yesterday High: 146.3

Yesterday Low: 142.95

Yesterday Close: 145.7

Today at 12-02-2020 16:00:03 Lead trading at 145.65 with high of 146.5 and low of 145.3

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