Focus Shifts To $1.2995-1.3041 *RES.....>

CABLE TECHS: Focus Shifts To $1.2995-1.3041

*RES 4: $1.3270 21-DMA 

*RES 3: $1.3228 High Oct 19 

*RES 2: $1.3209 Hourly resistance Oct 19 

*RES 1: $1.3145 Hourly support Oct 20 now resistance

*PRICE: $1.3130 @ 0930GMT

*SUP 1: $1.3041 100-DMA 

*SUP 2: $1.3028 Low Oct 6 

*SUP 3: $1.3018 Bollinger band base 

*SUP 4: $1.2995 High Sept 1 now support

*COMMENTARY: The sell-off from recent 21-DMA topside failures has now broken

below the 55-DMA ($1.3144) and key $1.3121 support. Bears look for a close below

$1.3121 to add weight to the case for a move that now sees immediate focus on

$1.2995-1.3041 where the 100-DMA and Bollinger base are located. Bulls now need

a close above $1.3145 to gain breathing room and above the 21-DMA to return

pressure to $1.3343.