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Bears Need Close Below $1.3300 *RES.....>

CABLE TECHS: Bears Need Close Below $1.3300
*RES 4: $1.3491 Hourly resistance May 18, High May 22 
*RES 3: $1.3445 Hourly resistance May 22 
*RES 2: $1.3399 55-WMA 
*RES 1: $1.3389 Low May 23
*PRICE: $1.3350 @ 0220GMT
*SUP 1: $1.3303 2018 Low May 23 
*SUP 2: $1.3300 Monthly Low Dec 15 
*SUP 3: $1.3297 Bollinger band base 
*SUP 4: $1.3219 Low Nov 28
*COMMENTARY: Bears are currently looking to gain traction below the 55-WMA with
a close below $1.3300 needed to confirm focus on $1.2995-1.3065 where the
100-WMA is noted. The Bollinger base is the key concern for bears with potential
to limit follow through. Bulls now need a close above the 55-WMA to gain
breathing room and above $1.3617 to hint at a move back to $1.3792-1.3898 where,
55 ($1.3871) & 100 ($1.3887) DMAs are noted.

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