Heads Toward Next $1.3165-$1.3190.......>

CABLE TECHS: Heads Toward Next $1.3165-$1.3190 Resistance Band

*RES 4: $1.3253 Equality rise target from Jul 12 low $1.2812

*RES 3: $1.3245 1.618 swing of $1.3126-$1.2933

*RES 2: $1.3181/90 1% volatility band, hourly resistance

*RES 1: $1.3165 1.618 swing of $1.3030-$1.2812

*PRICE: $1.3140 @0903GMT

*SUP 1: $1.3106 Intraday low

*SUP 2: $1.3084 Jul 25 high, now support

*SUP 3: $1.3063 Initial rally high Jul 26, now support

*SUP 4: $1.3030 Congestion area Jul 24-26

*COMMENTARY* Breaks above the previous $1.3126 high, the next band of resistance

seen as situated between $1.3165-$1.3190. Support also on the rise, the intraday

low at $1.3106 the near term protection against anything more damaging at

present. Directly above $1.3190 and the swing target at $1.3245, of the recent

$1.3126-$1.2933 fall, and then $1.3253, the equality rise from $1.2812 to the

prior $1.2589-$1.3030 rise, are next objectives.