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Above Feb 26 Low At $1.3928 Needed To...>

CABLE TECHS
CABLE TECHS: Above Feb 26 Low At $1.3928 Needed To Continue Gains
*RES 4: $1.4017 1% volatility band
*RES 3: $1.3984/97 5 week falling res line, Feb 27 high
*RES 2: $1.3954 38.2% Fibo of $1.4346-$1.3712
*RES 1: $1.3928/30 Feb 26 low, intraday high
*PRICE: $1.3903 @1340GMT
*SUP 1: $1.3850/60 Hourly support
*SUP 2: $1.3817 Intraday low
*SUP 3: $1.3790/95 Hourly congestion Mar 2-Mar 5
*SUP 4: $1.3756 Mar 2 low
*COMMENTARY* Has recovered near term since last Thursday's dip to $1.3712.
Monday saw further progress through recent 1.3817 highs and the Feb 22 low at
$1.3857, to reach $1.3877. Today's move through $1.3890 now has the Feb 26 low
at $1.3928 as the next bar to increased $1.3954-$1.3997 gains. As a result,
support also on the rise, $1.3850 and the the day's $1.3817 low now forming
nearest downside protection.

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