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21-DMA Capping, Topside Follow Through...>

KIWI TECHS
KIWI TECHS: 21-DMA Capping, Topside Follow Through Lacking
*RES 4: $0.7366 - Daily Bear channel top 
*RES 3: $0.7263 - 100-DMA 
*RES 2: $0.7246 - 55-DMA 
*RES 1: $0.7194 - 21-DMA
*PRICE: $0.7166 @ 2000GMT
*SUP 1: $0.7151 - Hourly breakout level Oct 13
*SUP 2: $0.7122 - Low Oct 13
*SUP 3: $0.7102 - Hourly support Oct 12
*SUP 4: $0.7055 - Low Oct 9
*COMMENTARY: Daily studies looking to correct higher provided bulls support with
immediate focus having now pm the 21-DMA. Bulls need a close above the 21-DMA to
confirm focus on 55 & 100-DMAs and above the100-DMA to target the bear channel
top. Bears now need a close below $0.7151 to gain breathing room and confirm a
break of the 200-DMA ($0.7159) and below $0.7102 to return focus back to
$0.6985-0.7031.

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