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$0.6979-0.7048 Resistance Region.........>

KIWI TECHS
KIWI TECHS: $0.6979-0.7048 Resistance Region Remains Key
*RES 4: $0.7007 - Hourly resistance Oct 20 
*RES 3: $0.6979 - Monthly High Nov 9 
*RES 2: $0.6964 - 55-DMA 
*RES 1: $0.6952 - High Dec 12
*PRICE: $0.6930 @ 2030GMT
*SUP 1: $0.6901 - Low Dec 12
*SUP 2: $0.6886 - Hourly support Dec 11a
*SUP 3: $0.6870 - High Dec 8 now support
*SUP 4: $0.6852 - Alternating hourly support/resistance
*COMMENTARY: The bounce from ahead of last week's low is less than ideal for
bears with the pair correcting back towards layers of resistance $0.6964-0.7048
where the 55-DMA is situated. Overall bulls need a close above $0.7048 to target
$0.7200-25 although 100 ($0.7116) & 200 ($0.7101) DMAs may slow the move. While
$0.6979 caps bears remain focused on the weekly bear channel base ($0.6709) with
below $0.6815 to add weight to their case.

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