Above $1.3591 To Gain Breathing Room....>

CABLE TECHS: Above $1.3591 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: $1.3591 High May 8

*PRICE: $1.3532 @ 0430GMT

*SUP 1: $1.3482 Low May 8 

*SUP 2: $1.3456 2018 Low Jan 11 

*SUP 3: $1.3382 55-WMA 

*SUP 4: $1.3300 Monthly Low Dec 15

*COMMENTARY: Dips below the 200-DMA ($1.3543) continue as do fresh 4mth lows but

follow through remains lacking with O/S daily studies correcting and momentum

divergence seen as key concerns for bears. Bulls now need a close above $1.3591

to gain breathing room and above $1.3711 to shift initial focus to

$1.3878-1.4026 where 21 ($1.3895), 55 ($1.3952) & 100 ($1.3885) DMAs are noted.

Bears need a close below $1.3456 to target $1.3300.