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Bulls Need Close Above $0.7123 *RES 4:...>

KIWI TECHS
KIWI TECHS: Bulls Need Close Above $0.7123
*RES 4: $0.7243 - High Sept 29 
*RES 3: $0.7200 - High Oct 17 
*RES 2: $0.7180 - Daily Bear channel top 
*RES 1: $0.7123 - High Dec 29
*PRICE: $0.7096 @ 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 resulting in a pop above the 200-DMA ($0.7104). Bulls need a close above
$0.7123 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 ($0.6935).

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