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Loss Of $0.6910 Can See Some Further.....>

KIWI TECHS
KIWI TECHS: Loss Of $0.6910 Can See Some Further Correction Potential
*RES 4: $0.7005 Oct 24 high
*RES 3: $0.6980 Nov 9 high
*RES 2: $0.6958 Nov 10 high
*RES 1: $0.6928/38 Hourly resistance, Nov 13 high
*PRICE: $0.6902 @2025GMT
*SUP 1: $0.6891 Nov 7 low
*SUP 2: $0.6875 Nov 6 low
*SUP 3: $0.6850/56 1% vol band, 76.4% Fibo of $0.6818-$0.6980
*SUP 4: $0.6818 May 10, Oct 27 lows
*COMMENTARY: The $0.6910-15 support has gone, leaving the downside vulnerable to
some further correction of the recent $0.6818-$0.6980 recovery. In this respect,
the $0.6850-$0.6856 area is likely to provide the most important protection to
the dual $0.6818 low. In the meantime, look to $0.6928-$0.6938 for resistance,
back above the latter will take the sting out of the current fall and allow a
further $0.6958-$0.6960 rise.

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