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Below $1.3840 Initially Targets.........>

CABLE TECHS
CABLE TECHS: Below $1.3840 Initially Targets $1.3710
*RES 4: $1.4286 High Jan 26 
*RES 3: $1.4150 Low Feb 1 now resistance 
*RES 2: $1.4069 High Feb 26 
*RES 1: $1.3997 High Feb 27
*PRICE: $1.3969 @ 0930GMT
*SUP 1: $1.3908 21-DMA 
*SUP 2: $1.3881 55-DMA 
*SUP 3: $1.3840 Low Mar 12 
*SUP 4: $1.3781 Low Mar 8
*COMMENTARY: The lack of topside follow through on the break of $1.3940 sees
pressure back on the 21 & 55-DMAs. Bears now look for a close below $1.3840 to
confirm a break of these DMAs and initially target $1.3710 with overall focus
shifting to $1.3585-1.3626 where the 100-DMA is located. Bulls now need a close
above $1.3997 to reconfirm focus on $1.4150. Narrowing Bollinger bands increase
the risk of a break out.

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