(M19) Uptrend Well Supported *RES 4:......>

WTI TECHS: (M19) Uptrend Well Supported

*RES 4: $71.81 - High Oct 17 

*RES 3: $70.00 - High Oct 22 

*RES 2: $68.13/36 - 76.4% Retracement/High Oct 26 

*RES 1: $66.60 - High Apr 23 

*PRICE: $65.81 @ 06:04 GMT Apr 25 

*SUP 1: $63.21/15 - Uptrend support from Dec lows/ Low Apr 16

*SUP 2: $61.92 - Low Apr 5 

*SUP 3: $60.80 - 200-dma 

*SUP 4: $58.44//59.74 - Low Mar 25/55-dma

WTI futures have edged back from Tuesday's highs but the uptrend remains firmly

intact with bulls looking to extend the rally towards the 76.4% retracement/Oct

26 high at $68.13/36. above here would bring the Oct 22 high into play at

$70.00. Bears look for a break below up trendline support from the Dec lows and

the April 16 low at $63.21/15 to stabilise the outlook while a break below the

April 5 low at $61.92 would suggest a potential downside reversal.