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Approaching 1.32 Despite dipping back...>

CABLE TECHS
CABLE TECHS: Approaching 1.32
Despite dipping back under 1.3250, the broader bullish picture remains intact
above the 1.32 level which marks the inverse head and shoulders neckline. Bears
need a break below here to shift the outlook negative and target the 50-wma at
1.3156. On the topside the initial target comes in at 1.3363 from the Jul 9 2018
high, above here opens the 38.2% retracement of the April-Jan decline at 1.3409.
The inverse head and shoulders breakout target comes in around 1.40.

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