(K19) $65 Remains The Target *RES 4:.....>

WTI TECHS: (K19) $65 Remains The Target 

*RES 4: $69.98 - High Oct 22 

*RES 3: $68.17/28 - 76.4% Retracement/High Oct 26 

*RES 2: $66.60 - Low Oct 23 

*RES 1: $65.00 - Congestion zone 

*PRICE: $64.28 @ 05:51 GMT Apr 11 

*SUP 1: $60.78 - 200-dma 

*SUP 2: $58.17/58.77 - Low Mar 25/Uptrend support from Feb lows 

*SUP 3: $54.87/54.88 - Low Mar 8/100-dma 

*SUP 4: $52.16 - Low Feb 11 

WTI futures have lagged the other oil benchmarks in recent session with the

prices consolidating just below the congestion zone around the $65 area. A break

above here would open a run at the Oct 23 low at $66.60 ahead of the 76.4%

retracement/Oct 26 high at $68.17/28. To stabilise the outlook bears look for a

break back below the 200-dma at $60.78 which would allow a run at the March 25

low and uptrend support at $58.17/58.77.