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Close Below $0.7008 To Ease Bullish......>

KIWI TECHS
KIWI TECHS: Close Below $0.7008 To Ease Bullish Pressure
*RES 4: $0.7200 - High Oct 17 
*RES 3: $0.7117 - Low Oct 18 now resistance 
*RES 2: $0.7103 - 200-DMA 
*RES 1: $0.7060 - 100-WMA
*PRICE: $0.7034 @ 2030GMT
*SUP 1: $0.7008 - Low Dec 26
*SUP 2: $0.6985 - Low Dec 21
*SUP 3: $0.6938 - 55-DMA
*SUP 4: $0.6923 - Hourly support Dec 12
*COMMENTARY: Bulls take comfort in support emerging on dips back towards the
55-DMA last week with pressure remaining on $0.7060-0.7117 where the 100-WMA and
key DMAs are situated. Bulls now 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 now needing a close below $0.7008 to ease
immediate bullish pressure.

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