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$1.3863-$1.3885 Now The Next Upside.....>

CABLE TECHS
CABLE TECHS: $1.3863-$1.3885 Now The Next Upside Target Area
*RES 4: $1.4020 13 month bull channel top projection
*RES 3: $1.3916 2% volatility band
*RES 2: $1.3883/85 38.2% $1.7192-$1.1838,50% $1.5932-$1.1838
*RES 1: $1.3863 2 month bull channel top projection
*PRICE: $1.3830 @1652GMT
*SUP 1: $1.3775/85 Hourly support
*SUP 2: $1.3742/57 Jan 16, intraday lows
*SUP 3: $1.3693 Hourly high Jan 12, now support
*SUP 4: $1.3659 Sep 20 high, now support
*COMMENTARY* Reached $1.3820 on Monday, just shy of the equality rise target at
$1.3825, before giving up some ground and a pullback to $1.3742. This helped to
reduce overbought hourly conditions. The subsequent rise has broken $1.3825 and 
the Feb 2016 low at $1.3836, with greater resistance anticipated from the higher
$1.3863-$1.3885 region. The upper 2% volatility band is at $1.3916 today.
Support $1.3785-$1.3775 ahead of $1.3757-$1.3742, loss would caution.

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