21-WMA & 100-DMA Supports Key *RES 4:...>

CABLE TECHS: 21-WMA & 100-DMA Supports Key

*RES 4: $1.4171 Low Apr 18 now resistance 

*RES 3: $1.4108 21-DMA 

*RES 2: $1.4031 High Apr 23 

*RES 1: $1.3984 Hourly support Apr 23 now resistance

*PRICE: $1.3938 @ 0220GMT

*SUP 1: $1.3893 Bollinger band base 

*SUP 2: $1.3873 Low Mar 13 

*SUP 3: $1.3854 100-DMA 

*SUP 4: $1.3850 21-WMA

*COMMENTARY: Losses defined after the lack of topside follow through on 2018 &

nearly 2yr highs last week. Immediate focus is now on $1.3850-73 where the

100-DMA & 21-WMA are located. Below these MAs then targets $1.3656-1.3710. Daily

studies remain well placed for losses. Bulls now need a close above $1.4031 to

gain breathing room and above $1.4171 to hint at a move back to 2018 highs and

above $1.4280 to confirm.