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$1.3857-$1.3839 Provide Intraday........>

CABLE TECHS
CABLE TECHS: $1.3857-$1.3839 Provide Intraday Support
*RES 4: $1.4050 1.618 swing of $1.3659-$1.3027
*RES 3: $1.4029 13 month bull channel top projection
*RES 2: $1.4017 2% volatility band
*RES 1: $1.3943/46 Jan 18,19 highs
*PRICE: $1.3908 @1027GMT
*SUP 1: $1.3839/57 Jan 19 low, hourly support
*SUP 2: $1.3804 Jan 18 low
*SUP 3: $1.3757 Jan 17 low
*SUP 4: $1.3693 Hourly high Jan 12, now support
*COMMENTARY* Rally reached highs of $1.3943-$1.3946 last week, originally held
by the upper 2% volatility band, before retreating quickly. Settled so far at
$1.3804, this and $1.3757 remain important support and key to retaining recent
upside momentum. Meanwhile, earlier support on the day comes from
$1.3857-$1.3839. Above $1.3946 and the 2% band has risen to $1.4017, ahead of
bull channel and swing targets in the higher $1.4029-$1.4050 region.

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