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Correcting O/S Daily Studies *RES 4:.....>

KIWI TECHS
KIWI TECHS: Correcting O/S Daily Studies
*RES 4: $0.7050 - Low Oct 9 now resistance 
*RES 3: $0.7007 - Hourly resistance Oct 20 
*RES 2: $0.6990 - 21-DMA 
*RES 1: $0.6950 - High Nov 3
*PRICE: $0.6910 @ 2000GMT
*SUP 1: $0.6882 - Low Nov 2
*SUP 2: $0.6831 - Low Oct 31
*SUP 3: $0.6816 - 2017 Low May 11 & Oct 27
*SUP 4: $0.6667 - Low Mar 28 2016
*COMMENTARY: Topside failure was lacking in the latter part of last week on
attempts to test the $0.6990-0.7050 region where the 21-DMA ($0.6990) & daily
bear channel top ($0.7029) are noted. Bears now need a close below $0.6882 to
retain focus on the daily bear channel base ($0.6740). Bulls now need a close
above $0.6950 to gain breathing room and above $0.7050 shifting focus to
$0.7117-0.52 where 200 & 55-DMAs are situated.

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