200-WMA Remains A Stumbling Block.......>

CABLE TECHS: 200-WMA Remains A Stumbling Block

*RES 4: $1.4349 2018 High Jan 25 

*RES 3: $1.4286 High Jan 26 

*RES 2: $1.4259 Bollinger band top 

*RES 1: $1.4244 200-WMA

*PRICE: $1.4231 @ 0220GMT

*SUP 1: $1.4182 Hourly support Apr 12 

*SUP 2: $1.4145 Hourly support Apr 10 

*SUP 3: $1.4096 21-DMA 

*SUP 4: $1.4068 Hourly support Apr 6

*COMMENTARY: The pair failed to gain traction below the 55-DMA ($1.4005) last

week despite dips below and has worked its way back towards the 200-WMA and the

$1.4244-1.4349 resistance as a whole. Bulls need a weekly close above this

region to target $1.5018 2016 highs. Bears need a close below $1.4182 to gain

breathing room and below $the 21-DMA to shift focus back to the $1.3873-1.3963

support region.