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Bears Need Close Below 55-DMA *RES 4:...>

CABLE TECHS
CABLE TECHS: Bears Need Close Below 55-DMA
*RES 4: $1.3514 High Sept 26 
*RES 3: $1.3470 LT Weekly Bear channel top 
*RES 2: $1.3461 High Sept 27 now support 
*RES 1: $1.3359 High Nov 24
*PRICE: $1.3318 @ 0530GMT
*SUP 1: $1.3277 Hourly support Nov 22a 
*SUP 2: $1.3261 55-DMA 
*SUP 3: $1.3202 21-DMA 
*SUP 4: $1.3170 Low Nov 17
*COMMENTARY: The break of $1.3343 has so far lacked follow through courtesy of
the Bollinger band top ($1.3359), but consolidation above $1.3277 sees bulls
focused on $1.3461 for now. The 55-DMA is key support today with bears needing a
close below to ease bullish pressure. Below the 21-DMA in needed to hint at a
move back to $1.2995-1.3037 with below the 100-DMA ($1.3141) confirming.

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