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Break Below $1.3830 Opens Way To........>

CABLE TECHS: Break Below $1.3830 Opens Way To $1.3782-$1.3772 Next
*RES 4: $1.4000 Apr 26 high
*RES 3: $1.3935 Intraday high
*RES 2: $1.3895/03 Apr 26 low, hourly base Apr 26
*RES 1: $1.3850 Hourly resistance 
*PRICE: $1.3814 @0920GMT
*SUP 1: $1.3772/82 2% volatility band, Mar 8 low
*SUP 2: $1.3734 2018 bull channel base projection
*SUP 3: $1.3712 Mar 1 low
*SUP 4: $1.3688 Weekly rising support line from Mar 2017
*COMMENTARY* Failure again to move through $1.3997-$1.4007 on Thursday left the
downside vulnerable. The subsequent loss of $1.3918-$1.3890, has now seen the
next region of support from between $1.3869 and $1.3830 give way. Any lower and
will be looking to the Mar 8 low at $1.3882 and the 2% volatility band at
$1.3772 to protect the 2018 projected channel base at $1.3734. Resistance falls
to $1.3850-$1.3903, with the day's $1.3935 high above.

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