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MNI: CABLE:###POV: One Month On - A Technical........>

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MNI: CABLE:###POV: One Month On - A Technical Follow Up
Following the close at the end of November above the monthly long term trend
line drawn off the Jul 2014 high at $1.7192 and the June 2016 high at $1.5020,
we were watching for a further close above $1.3380 at the end of December, to
confirm these breaks. The actual close at year end was at $1.3513, safely above
the required level, which by time and the slope of the trend line, means that at
the end of January, $1.3287 will become the close to watch. While above and
allowing for a break through last year's $1.3659 high, then the upside should
eventually focus on a further $1.3804-$1.3883 rise.

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