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$1.3795-$1.3738 Potential Should........>

CABLE TECHS
CABLE TECHS: $1.3795-$1.3738 Potential Should $1.3836 Give Way
*RES 4: $1.4032 Hourly recovery highs Feb 5
*RES 3: $1.3994/00 Feb 7, Feb 6 highs 
*RES 2: $1.3960 Hourly congestion Feb 6-7
*RES 1: $1.3918/38 Intraday high, hourly high Feb 7
*PRICE: $1.3855 @1015GMT
*SUP 1: $1.3836 Feb 6 low
*SUP 2: $1.3795/97 1.618 swing $1.3980-$1.4279, 61.8% Fibo
*SUP 3: $1.3779 2% volatility band
*SUP 4: $1.3738 1.618 swing of $1.3836-$1.3994
*COMMENTARY* Found some support on Tuesday from $1.3836, basically a test to the
lower 2% volatility band, at the time. The subsequent recovery has faltered
around $1.3994-$1.4000 but likely needs a move back above the higher $1.4032
region, before any real belief in the topside will return. Meanwhile,
$1.3918-$1.3960 provides an interim barrier. Below $1.3836 and $1.3797-$1.3795
is the protection to the 2% band at $1.3779 and the swing target at $1.3738.

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