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$1.3362 Resistance Key This Week *......>

CABLE TECHS
CABLE TECHS: $1.3362 Resistance Key This Week
* The break of the key $1.2995 support last week lacked follow through with
bulls taking comfort in the recovery Friday. 
* Bulls look for a close above $1.3203 to confirm traction above the 21-DMA and
bear channel top ($1.3159), easing bearish pressure. 
* The $1.3362 resistance remains key. Bulls need a close above this level to
confirm traction above the 55-DMA ($1.3282) and shift initial focus to $1.3446. 
* Initial support is now noted at the 21-DMA but bears look for a close below
$1.3126 to return initial focus to $1.3050-69 and overall focus to 2018 lows.

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