(M18) 99.210-240 Support.......>

SHORT-STERLING TECHS: (M18) 99.210-240 Support Region Pressured

*RES 4: 99.370 2018 High Jan 3

*RES 3: 99.340 Repeated Daily Highs Jan

*RES 2: 99.310 High Feb 7

*RES 1: 99.292 200-DMA

*PREVIOUS CLOSE: 99.265

*SUP 1: 99.250 Low May 9

*SUP 2: 99.240 Repeated daily lows Apr/May

*SUP 3: 99.229 100-DMA

*SUP 4: 99.210 High Apr 20 now support

*COMMENTARY: Hesitation ahead of the 200-DMA combined with O/B daily studies are

a concern for bulls and have seen focus shift back to layers of support

99.210-240. Bears now look for a close below 99.210 to confirm traction below

the 100-DMA and initially target 99.145-160. Bulls still need a close above the

200-DMA to reconfirm a bullish bias and to shift focus to 99.340-370 where 2018

highs are noted.