Technical Forecast for Lead

by Benzinga Staff
May 17, 2013 9:35 AM | 26 seconds read | Make a Comment

 

Nickel looking oversold in the short term. We should bottom out & hold above 14609 lows now. If we can beat 15000 look for 15107 & possibly as far as 15194 today. Above here however we run in to tough resistance at 15222/280 which could cap a bounce this week. We cannot rule out a break higher though & would look for 15403 as the next target. 

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

 
Longs need stops below 14600 as a break lower could then target 14120 in the days ahead.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.