Above $1.3586 To Gain Breathing Room....>

CABLE TECHS: Above $1.3586 To Gain Breathing Room

*RES 4: $1.3792 High Apr 30 

*RES 3: $1.3711 Low Apr 30 now resistance 

*RES 2: $1.3666 High May 2 

*RES 1: $1.3586 High May 4

*PRICE: $1.3551 @ 0430GMT

*SUP 1: $1.3515 Low May 7 

*SUP 2: $1.3485 Low May 4 

*SUP 3: $1.3456 2018 Low Jan 11 

*SUP 4: $1.3383 55-WMA

*COMMENTARY: Bears managed a dip below the 200-DMA ($1.3542) on the way to fresh

4mth lows Friday but follow through remains lacking with O/S daily studies

correcting and momentum divergence seen as key concerns for bears. In saying

that, bulls now need a close above $1.3586 to gain breathing room and above

$1.3792 to shift initial focus to $1.3878-1.4026 where 21 ($1.3925), 55

($1.3959) & 100 ($1.3884) DMAs are noted.