1% Volatility Band In Way Of $1.4220....>

CABLE TECHS: 1% Volatility Band In Way Of $1.4220 Return

*RES 4: $1.4296/09 2% vol band, 1.618 swing $1.4220-$1.4076

*RES 3: $1.4279 Feb 1, Feb 2 highs

*RES 2: $1.4220 Mar 22 high

*RES 1: $1.4195 1% volatility band

*PRICE: $1.4193 @0758GMT

*SUP 1: $1.4105/15 Hourly support

*SUP 2: $1.4076/85 Mar 22, Mar 23 lows

*SUP 3: $1.4040 Hourly highs/lows Mar 19-21

*SUP 4: $1.4018/20 Hourly base Mar 19, initial high Mar 20

*COMMENTARY* Has recovered well from last Tuesday's drop to $1.3983. Thursday's

rally surpassed the 3 week bull channel top and also the next level of note, the

76.4% Fibo retrace level both at $1.4195. A high of $1.4220 before running into

some near term overbought conditions. As a result, have seen a fall to $1.4076

before reviving again, now looking at $1.4195 for potential resistance, ahead of

$1.4220 again. Support moves up to $1.4125-$1.4115.