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Above $1.3606 To Gain Breathing Room....>

CABLE TECHS
CABLE TECHS: Above $1.3606 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: $1.3606 High May 9
*PRICE: $1.3563 @ 0430GMT
*SUP 1: $1.3482 Low May 8 
*SUP 2: $1.3456 2018 Low Jan 11 
*SUP 3: $1.3383 55-WMA 
*SUP 4: $1.3300 Monthly Low Dec 15
*COMMENTARY: Dips below the 200-DMA ($1.3546) continue 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 $1.3606 to gain
breathing room and above $1.3711 to shift initial focus to $1.3866-1.4026 where
21 ($1.3866), 55 ($1.3945) & 100 ($1.3887) DMAs are noted. Bears need a close
below $1.3456 to initially target $1.3300.

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