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Bulls Need Close Above $0.6996 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.6996
*RES 4: $0.7132 - Hourly resistance Apr 24 
*RES 3: $0.7102 - Hourly support Apr 25 now resistance 
*RES 2: $0.7052 - High May 4 
*RES 1: $0.6996 - High May 9
*PRICE: $0.6945 @ 2130GMT
*SUP 1: $0.6899 - Low Dec 12
*SUP 2: $0.6815 - Monthly Low Dec 1
*SUP 3: $0.6779 - Monthly Low Nov 17
*SUP 4: $0.6674 - Monthly Low May 30 2016
*COMMENTARY: Bulls failed to manage the close above $0.7052 needed to ease
bearish pressure with fresh 2018 & 5mth lows adding weight to the case for a
move currently targeting $0.6779-0.6815 where Nov & Dec lows are situated.
Correcting O/S studies remain the key concern for bears. Bulls now need a close
above $0.6996 to gain breathing room and above $0.7052 to hint at a correction
back to $0.7155-0.7198 with the 200-DMA at $0.7155.

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