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Capped Ahead of 200-WMA, $1.3923........>

CABLE TECHS
CABLE TECHS: Capped Ahead of 200-WMA, $1.3923 Support Key
*RES 4: $1.4286 High Jan 26 
*RES 3: $1.4162 Low Feb 1 now resistance 
*RES 2: $1.4086 Hourly support Feb 15 now resistance 
*RES 1: $1.4033 Hourly resistance Feb 19
*PRICE: $1.3986 @ 0530GMT
*SUP 1: $1.3965 Hourly support Feb 20 
*SUP 2: $1.3923 High Feb 13 now support 
*SUP 3: $1.3794 Low Feb 12 
*SUP 4: $1.3763 Low Feb 9
*COMMENTARY: The recovery from Feb lows so far ($1.3765) sees bulls looking for
a close above $1.4162 to confirm focus on 2018 highs and the key 200-WMA lurking
above. A weekly close above the 200-WMA was last seen in Q4 2014. A close above
would target $1.5019 2016 highs. The $1.3923 support remains key. Bears still
need a close below $1.3923 to initially target $1.3657-1.3765. Bulls need a
close above $1.4086 to gain breathing room.

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