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Bulls Initially Targeting $1.3164.......>

CABLE TECHS
CABLE TECHS: Bulls Initially Targeting $1.3164
*RES 4: $1.3079 Hourly support Aug 4 
*RES 3: $1.3059 High Aug 7 
*RES 2: $1.3054 Bollinger band top 
*RES 1: $1.3044 Hourly resistance Sept 6
*PRICE: $1.3030 @ 0430GMT
*SUP 1: $1.3020 Hourly resistance Sept 5 now support 
*SUP 2: $1.3000 Hourly support Sept 5 
*SUP 3: $1.2979 Hourly support Sept 5a 
*SUP 4: $1.2958 55-DMA
*COMMENTARY: Cable managed a dip below the 21 ($1.2919) & 100 ($1.2918) DMAs
Tuesday before rallying sharply for a bullish close that sees bullish focus now
on the $1.3164 Aug 4 high. Daily studies approaching O/B and the Bollinger top
are key concerns for bulls. Layers of support are building with bears now
needing a close below $1.2979 to ease bullish pressure.

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