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Continued Fall Looks To.................>

CABLE TECHS
CABLE TECHS: Continued Fall Looks To $1.3925-$1.3902 For Next Guidance
*RES 4: $1.4145 Feb 16 high, 4 week falling res line
*RES 3: $1.4110/15 Hourly basing area Feb 16, now res'tce
*RES 2: $1.4050 Feb 19 high
*RES 1: $1.4000/20 Hourly resistance
*PRICE: $1.3960 @0940GMT
*SUP 1: $1.3921/25 Feb 13 high, hourly high Feb 14
*SUP 2: $1.3902/10 Equality fall tgt, 61.8% $1.3765-$1.4145
*SUP 3: $1.3876 Feb 12 high, now support
*SUP 4: $1.3855 76.4% Fibo of $1.3765-$1.4145
*COMMENTARY* Still falling after losing the confrontation with resistance from
the Feb 5 high at $1.4151 and the 76.4% Fibo retrace level at $1.4158 last week.
Could only manage a $1.4145 high, before accepting some correction of recent
gains. In this respect and with yesterday's loss of $1.4000, now looking at the
prospect of a further $1.3925-$1.3902 fall. Resistance dips to $1.4000-$1.4020
but likely requires back above $1.4050 for real assistance.

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