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$0.6998 Resistance Key Today *RES 4:.....>

KIWI TECHS: $0.6998 Resistance Key Today
*RES 4: $0.7117 - 55-DMA 
*RES 3: $0.7102 - Hourly support Apr 25 now resistance 
*RES 2: $0.7052 - High May 4 
*RES 1: $0.6998 - High May 30
*PRICE: $0.6985 @ 2130GMT
*SUP 1: $0.6959 - High May 28 now support
*SUP 2: $0.6945 - 21-DMA
*SUP 3: $0.6880 - Low May 30
*SUP 4: $0.6849 - 2018 Low May 16
*COMMENTARY: Bulls take comfort in the aggressive bounce and close above the
21-DMA Wednesday but now look for a close above $0.6998 to confirm a correction
targeting $0.7102-57 where 55 & 200-DMAs are noted. The 21-DMA is now key
support. Bears now look for a close below the 21-DMA to gain breathing room and
return focus to $0.6849-80 where 2018 lows are situated.

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