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Bears Now Need Close Below 200-DMA.......>

KIWI TECHS
KIWI TECHS: Bears Now Need Close Below 200-DMA
*RES 4: $0.7415 - Hourly support Feb 16 now resistance 
*RES 3: $0.7385 - High Feb 21 
*RES 2: $0.7345 - High Feb 26 
*RES 1: $0.7318 - Hourly resistance Feb 26
*PRICE: $0.7238 @ 2030GMT
*SUP 1: $0.7220 - 55-DMA
*SUP 2: $0.7174 - 200-DMA
*SUP 3: $0.7130 - High Jan 2 now support
*SUP 4: $0.7087 - 100-DMA
*COMMENTARY: Bears take comfort in the aggressive sell-off Friday and closes
below the 21-DMA. The close below $0.7269 confirms a break of the bull channel
base and shift focus back to $0.7130-0.7220 where 55 & 200-DMAs are situated.
Bulls continue to look for a close above $0.7345 to gain breathing room and
above $0.7438 2018 highs to target 2017 highs ($0.7558). Daily studies are well
placed for fresh losses.

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