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$1.4325-$1.4346 Next Target Area........>

CABLE TECHS: $1.4325-$1.4346 Next Target Area After Move Through $1.4279
*RES 4: $1.4417 1.618 swing of $1.4245-$1.3966, 2% vol band
*RES 3: $1.4373 Underside previously broken bull channel
*RES 2: $1.4368 61.8% Fibo of $1.5932-$1.1838
*RES 1: $1.4325/46 Hourly resistance, Jan 25 high
*PRICE: $1.4284 @0900GMT
*SUP 1: $1.4240/50 Hourly support
*SUP 2: $1.4221/24 Intraday low, Apr 11 high
*SUP 3: $1.4180 Hourly congestion Apr 10-12
*SUP 4: $1.4145 Apr 12 low
*COMMENTARY* Following yesterday's hold of key $1.4145 support, we have seen the
early Feb highs and upper 1% volatility band at $1.4279, slightly exceeded
today. If this can be sustained, then the next band of resistance comes from
between $1.4325 and the year's previous $1.4346 high. Higher and $1.4368-$1.4373
next, ahead of $1.4417. In the interim, nearest support rises to $1.4250-$1.4240
with the lower $1.4224-$1.4221 area currently of more consequence below. 

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