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Bullish Trend Intact Above 1.30 With....>

CABLE TECHS
CABLE TECHS: Bullish Trend Intact Above 1.30
With 1.30 holding firm despite attempts to push lower, the momentum remains with
the bulls as the 50-dma acts as near-term resistance at 1.3037. A break here
would confirm a solid base is forming, opening the August highs at 1.3143.
Failure to hold 1.30 would shift the outlook back to neutral while a break below
1.2900 would see downside momentum build with bears targeting the 1.2750 level
and Aug 15 low at 1.2662.

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