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$1.4145 Support Holds And Keeps.........>

CABLE TECHS
CABLE TECHS: $1.4145 Support Holds And Keeps Recent Upside Momentum Intact
*RES 4: $1.4346 Jan 25 high
*RES 3: $1.4279 Feb 1, Feb 2 highs
*RES 2: $1.4273 1.618 swing of $1.4224-$1.4145
*RES 1: $1.4245/48 Mar 26, Mar 27 highs, 1% volatility band
*PRICE: $1.4229 @1655GMT
*SUP 1: $1.4170/85 Hourly support
*SUP 2: $1.4145 Intraday low, hourly pullback low Apr 10
*SUP 3: $1.4106 Apr 6 high, now support
*SUP 4: $1.4076 Hourly base Apr 6
*COMMENTARY* Having broken through the remaining 76.4% Fibo retrace level at
$1.4179, Wednesday saw the rally curtailed by the upper 1% volatility band. This
has moved by time today to join the late March highs around $1.4245. The
subsequent fall has been held at the lower end of $1.4160-$1.4145 support today,
thereby keeping recent upward momentum intact. Above $1.4245-$1.4248 and the
$1.4273-$1.4279 region can prevent a $1.4346 return. Support $1.4185-$1.4170

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