$1.3997-$1.4000 Resistance Still The....>

CABLE TECHS: $1.3997-$1.4000 Resistance Still The Key To Greater Gains

*RES 4: $1.4065/70 1.618 swing $1.3998-$1.3890, Feb 26 high

*RES 3: $1.4021/29 1.618 swing $1.3930-$1.3782, 50% Fibo 

*RES 2: $1.3997/00 Feb 27 high, equality rise from $1.3782

*RES 1: $1.3970/81 Hourly resistance, Mar 16 high

*PRICE: $1.3950 @0900GMT

*SUP 1: $1.3905/10 Hourly support

*SUP 2: $1.3875/90 Mar 13, Mar 16 lows

*SUP 3: $1.3841 Mar 12 low, hourly base Mar 9

*SUP 4: $1.3817 Mar 6 low

*COMMENTARY* Have seen a pullback after trying to break through $1.3997-$1.4000

resistance last week. A move through the latter remains the key to a further

$1.4021-$1.4070 rise, where the upper 1% volatility band also resides today. In

the meantime, has to deal with the earlier $1.3970-$1.3981 area first. While it

caps, focus will return to $1.3910-$1.3890 support but loss of $1.3875 likely

needed, before scope for a deeper $1.3841-$1.3817 fall.