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Bulls Need Close Above $0.7117 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.7117
*RES 4: $0.7243 - High Sept 29 
*RES 3: $0.7200 - High Oct 17 
*RES 2: $0.7117 - Low Oct 18 now resistance 
*RES 1: $0.7103 - 200-DMA
*PRICE: $0.7084 @ 2030GMT
*SUP 1: $0.7073 - Hourly support Dec 28
*SUP 2: $0.7054 - Low Dec 28
*SUP 3: $0.7042 - High Dec 27 now support
*SUP 4: $0.7008 - Low Dec 26
*COMMENTARY: Bulls took comfort in support emerging on dips back towards the
55-DMA last week with pressure remaining on $0.7103-0.7117 where the 200-DMA is
situated. Bulls need a close above $0.7117 to end bearish hopes and shift focus
to $0.7200-25. O/B daily studies are the key concern for bulls. Support layers
are building with bears needing a close below $0.7054 to ease bullish pressure
and below $0.7008 to target the 55-DMA ($0.6937).

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