$1.3890 Now The Next Resistance To......>

CABLE TECHS: $1.3890 Now The Next Resistance To Consider

*RES 4: $1.4008 1% volatility band

*RES 3: $1.3984/97 5 week falling res line, Feb 27 high

*RES 2: $1.3928 Feb 26 low, now resistance

*RES 1: $1.3877/90 Mar 5 high, hourly lows Feb 28

*PRICE: $1.3830 @0905GMT

*SUP 1: $1.3815 Hourly support

*SUP 2: $1.3790/95 Hourly congestion Mar 2-Mar 5

*SUP 3: $1.3756 Mar 2 low

*SUP 4: $1.3712 Mar 1 low

*COMMENTARY* Has recovered near term since last Thursday's dip to $1.3712.

Monday saw further progress through recent 1.3817 highs and the Feb 22 low at

$1.3857, to reach $1.3877. This now leaves $1.3890 as the bar to the Feb 26 low

at $1.3928. Through the latter needed however, before the rally can increase in

potential toward $1.3984-$1.3997. As a result, support also on the move,

$1.3815-$1.3790, now the protection to the more important Mar 2 low at $1.3756.