Home / Metal News / Lead / [brief Review of SMM lead] the follow-up of Shanghai lead break pays attention to the effectiveness of 16500 level support
[brief Review of SMM lead] the follow-up of Shanghai lead break pays attention to the effectiveness of 16500 level support
Oct 23,2019 18:30CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, 23 Oct:

Within days, the Shanghai lead main contract 1912 opened at 16835 yuan / ton, early Shanghai lead short entry, Shanghai lead shock downward, directly break the 60-day moving average support, low down to 16650 yuan / ton, after the market selling pressure alleviated, Shanghai lead low shock operation, basic in the 16670 yuan first-line operation, finally reported in 16665 yuan / ton, down 155 yuan / ton, 0.92%, the position increased 9138 hands to 58000 hands. Shanghai lead break down, combined with fundamentals and technical aspects, Shanghai lead there is room to continue to explore, low first look at 16500 yuan support.

(Guo Rong, Shanghai Colored Network Tel: 021-51666879)

 

Lead; lead brief Review
Evening News

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news