BRENT TECHS: (K19): Focus Remains On Feb 22 High.....>

BRENT TECHS: (K19): Focus Remains On Feb 22 High

*RES 4: $75.11 - Low Oct 24 (continuation chart) 

*RES 3: $70.62 - 200-dma (continuation chart) 

*RES 2: $70.30 - Low Aug 15(continuation chart) 

*RES 1: $67.73 - High Feb 22 

*PRICE: $66.61 @ 04:17 GMT Mar 1  

*SUP 1: $64.53/32 - 21-dma/Low Feb 26 

*SUP 2: $60.60 - Low Feb 7 

*SUP 3: $58.90 - Low Jan 14 (continuation chart) 

*SUP 4: $55.29 - High Dec 26 (continuation chart) 

Brent futures are closing in on the Feb 22 high at $67.73 above which would

extend the recovery to fresh ytd highs and open the Aug 15 low at $70.30 ahead

of the 200-dma at $70.62. On the downside bears look for a break below the

21-dma and the Feb 26 low to shift the focus back on the Feb 7 low at $60.60

ahead of a return to the Jan 14 low at $58.90.