Flirting With 55-WMA *RES 4: $1.3572....>

CABLE TECHS: Flirting With 55-WMA

*RES 4: $1.3572 High May 15 

*RES 3: $1.3538 Hourly resistance May 17 

*RES 2: $1.3491 Hourly resistance May 18, High May 22 

*RES 1: $1.3445 Hourly resistance May 22

*PRICE: $1.3412 @ 0430GMT

*SUP 1: $1.3389 2018 Low May 21 

*SUP 2: $1.3300 Monthly Low Dec 15 

*SUP 3: $1.3297 Bollinger band base 

*SUP 4: $1.3219 Low Nov 28

*COMMENTARY: Cable remains offered and currently flirts with the 55-WMA

($1.3400) following the dip to fresh 2018 lows Monday. Layers of resistance

accumulating continues to add weight to the case for a move back to $1.3300 and

then $1.2995-1.3065 where the 100-WMA is noted. Bulls now need a close above

$1.3491 to gain breathing room and above $1.3617 to hint at a move back to

$1.3792-1.3898 where, 55 ($1.3881) & 100 ($1.3890) DMAs are noted.