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200-WMA Now The Focus *RES 4: $1.4612...>

CABLE TECHS
CABLE TECHS: 200-WMA Now The Focus
*RES 4: $1.4612 Low June 21 2016 now resistance 
*RES 3: $1.4397 200-WMA 
*RES 2: $1.4349 Low June 20 2016 now resistance 
*RES 1: $1.4152 Weekly Bull channel top
*PRICE: $1.4027 @ 0530GMT
*SUP 1: $1.3962 Hourly support Jan 23 
*SUP 2: $1.3914 Low Jan 23 
*SUP 3: $1.3837 Low Jan 19 
*SUP 4: $1.3739 Low Jan 16
*COMMENTARY: Pressure on $1.4006 took its toll with close above that sees bulls
targeting the 200-WMA although the weekly bull channel top may slow the move.
O/B daily studies remain the key concern for bulls. Layers of support
accumulating add to bullish confidence with bears now needing a close below
$1.3914 to hint at a correction back to the 21-DMA ($1.3671) with below $1.3837
to confirm.

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