Above $1.3190 To Gain Breathing Room....>

CABLE TECHS: Above $1.3190 To Gain Breathing Room

*RES 4: $1.3290 21-DMA 

*RES 3: $1.3190 Low June 26 now resistance 

*RES 2: $1.3166 Hourly support June 27a now resistance 

*RES 1: $1.3124 Hourly support June 27 now resistance

*PRICE: $1.3112 @ 0220GMT

*SUP 1: $1.3099 2018 Low June 21 

*SUP 2: $1.3071 100-WMA 

*SUP 3: $1.2995 High Sept 1 now support 

*SUP 4: $1.2849 Low Aug 31

*COMMENTARY: The recovery from 2018 lows has stalled at the 21-DMA with the

resulting sell-off seeing pressure back on 2018 lows. Overall focus remains on

the $1.2995-1.3072 with bears needing a close below $1.2995 to initially target

$1.2770 Aug lows. The Bollinger base ($1.3104) remains the key concern for

bears. Bulls now need a close above $1.3190 to gain breathing room and above

$1.3314 to shift initial focus back to $1.3446-1.3528.