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Bulls Need Close Above $1.3343 *RES.....>

CABLE TECHS
CABLE TECHS: Bulls Need Close Above $1.3343
*RES 4: $1.3514 High Sept 26 
*RES 3: $1.3470 LT Weekly Bear channel top 
*RES 2: $1.3461 High Sept 27 now support 
*RES 1: $1.3343 Low Sept 28 now resistance
*PRICE: $1.3326 @ 1030GMT
*SUP 1: $1.3277 Hourly support Nov 22a 
*SUP 2: $1.3259 55-DMA 
*SUP 3: $1.3208 Low Nov 21 
*SUP 4: $1.3170 Low Nov 17
*COMMENTARY: The $1.3343 resistance confirmed significance having capped the
recovery so far from the lower end of the broad $1.3024-1.3343 range that has
defined since early Oct. Bears look for a close below the 55-DMA to ease bullish
pressure and shift immediate focus back to $1.3136-1.3208 where 21 & 100-DMAs
are situated. Bulls need a close above $1.3343 to end sideways trading and shift
immediate focus to $1.3461-70.

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