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Bullish Focus Shifts To 21-DMA *RES.....>

CABLE TECHS
CABLE TECHS: Bullish Focus Shifts To 21-DMA
*RES 4: $1.3430 Hourly resistance Sept 29 
*RES 3: $1.3354 21-DMA 
*RES 2: $1.3343 Low Sept 28 now resistance 
*RES 1: $1.3297 Hourly resistance Oct 2
*PRICE: $1.3257 @ 0430GMT
*SUP 1: $1.3235 Hourly resistance Oct 11 now support 
*SUP 2: $1.3203 Hourly support Oct 11 
*SUP 3: $1.3172 Hourly support Oct 10 
*SUP 4: $1.3139 55-DMA
*COMMENTARY: The recovery from the dip back to the 100-DMA ($1.3024) has
received support from correcting O/S daily studies with bulls now focused on
$1.3343-54 where the 21-DMA is located. Correcting O/S studies add support to
the bullish case. Layers of support continue to build with bears needing a close
below $1.3172 to gain breathing room and below $1.3124 to confirm a break below
the 55-DMA and return focus to $1.2995-1.3024.

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