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Bulls Need Close Above $1.3617 *RES.....>

CABLE TECHS
CABLE TECHS: Bulls Need Close Above $1.3617
*RES 4: $1.3666 High May 2 
*RES 3: $1.3617 High May 9 
*RES 2: $1.3572 High May 15 
*RES 1: $1.3527 Hourly resistance May 15
*PRICE: $1.3495 @ 0930GMT
*SUP 1: $1.3449 2018 Low May 15 
*SUP 2: $1.3392 55-WMA 
*SUP 3: $1.3300 Monthly Low Dec 15 
*SUP 4: $1.3208 Low Nov 21
*COMMENTARY: Oscillation around the 200-DMA ($1.3553) continues but follow
through remains lacking with O/S daily studies correcting and momentum
divergence seen as key concerns for bears. Bulls need a close above $1.3617 to
gain breathing room and above $1.3711 to shift initial focus to $1.3792-1.3917
where, 55 ($1.3917) & 100 ($1.3893) DMAs are noted. Bears now need a close below
$1.3449 to initially target $1.3300.

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