Lead

Lead 2/21/2019 9:18:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum based on the current price action, once the same breaks above a key resistance holding at 145.50. The upside rally could be testing all the way up to 147-147 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 144-142 level. Key support holds at 142.


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Technical Chart:
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Lead 2/20/2019 9:04:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 142.50. The downside rally could be testing all the way up to 141-140 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 145-146 level. Key resistance holds at 146.


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Technical Chart:
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Lead 2/19/2019 9:51:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last session ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 144. The downside rally could be testing all the way up to 143-142 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 146-148 level. Key resistance holds at 148.


Research Report call:

Technical Chart:
lead-chart
Lead 2/18/2019 9:08:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum based on the current price action, once the same breaks above a key resistance holding at 148.50. The upside rally could be testing all the way up to 150-151 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 146-145 level. Key support holds at 145.


Research Report call:

Technical Chart:
lead-chart
Lead 2/15/2019 9:39:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum based on the current price action, once the same breaks above a key resistance holding at 145.50. The upside rally could be testing all the way up to 147-148 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 144-142 level. Key support holds at 142.


Research Report call:

Technical Chart:
lead-chart
Lead 2/14/2019 9:20:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 142. The downside rally could be testing all the way up to 141-140 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 144-146 level. Key resistance holds at 146.


Research Report call:

Technical Chart:
lead-chart
Lead 2/13/2019 9:40:00 AM
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Technical outlook

Lead daily chart has formed “Falling channel” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 143. The downside rally could be testing all the way up to 142-141 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 145-147 level. Key resistance holds at 147.


Research Report call:

Technical Chart:
lead-chart
Lead 2/12/2019 9:32:00 AM
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Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 145. The downside rally could be testing all the way up to 144-143 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 147-148 level. Key resistance holds at 148.


Research Report call:

Technical Chart:
lead-chart
Lead 2/11/2019 8:31:00 AM
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Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 147.50. The downside rally could be testing all the way up to 146-145 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 150-152 level. Key resistance holds at 152.


Research Report call:

Technical Chart:
lead-chart
Lead 2/8/2019 9:06:00 AM
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Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 147. The downside rally could be testing all the way up to 146-145 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 150-152 level. Key resistance holds at 152.


Research Report call:

Technical Chart:
lead-chart