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Held By 2% Volatility Band As Pace Of...>

CABLE TECHS
CABLE TECHS: Held By 2% Volatility Band As Pace Of Decline Slows 
*RES 4: $1.3713 Apr 30 low, now resistance
*RES 3: $1.3630 May 3 high
*RES 2: $1.3587 Intraday high
*RES 1: $1.3555/65 Hourly resistance
*PRICE: $1.3542 @1650GMT
*SUP 1: $1.3486/87 2% volatility band, intraday low
*SUP 2: $1.3458 Jan 11 low
*SUP 3: $1.3386 76.4% Fibo of $1.3027-$1.4377
*SUP 4: $1.3351 1.618x $1.4346-$1.3712 from $1.4377
*COMMENTARY* Lost a bit more ground today, dipping slightly below dual support
from the $1.3543-$1.3541 area. The slowed pace of the decline over the last two
days, has however allowed a move back within the lower 2% volatility band, at
$1.3486 by time today. Any lower than this and the next focus becomes the Jan 11
low at $1.3458. Resistance $1.3555-$1.3587 but any recovery hopes will now only
benefit further by a move back above Thursday's $1.3630 high.   

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