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Bears Focused On $0.6781-0.6817 *RES.....>

KIWI TECHS
KIWI TECHS: Bears Focused On $0.6781-0.6817
*RES 4: $0.6917 - High Dec 6 
*RES 3: $0.6888 - High Dec 7 
*RES 2: $0.6870 - High Dec 8 
*RES 1: $0.6852 - Alternating hourly support/resistance
*PRICE: $0.6839 @ 2030GMT
*SUP 1: $0.6817 - Low Dec 1
*SUP 2: $0.6805 - Bollinger band base
*SUP 3: $0.6781 - 2017 Low Nov 17
*SUP 4: $0.6714 - Weekly Bear channel base
*COMMENTARY: Topside hesitation around $0.6945 left the pair looking heavy and
sees focus on the $0.6781-0.6817 support region. Bears need a close below 2017
lows to shift focus to $0.6536-0.6714 where daily and weekly bear channel bases
are situated. Daily studies are well placed for a fresh leg lower. Bulls still
need a close above $0.6945 to confirm a break of the channel top & shift focus
to $0.6968-0.7048 where the 55-DMA is noted.

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