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Momentum Building Having closed above...>

CABLE TECHS
CABLE TECHS: Momentum Building
Having closed above Friday's high and the 21-dma, momentum continues to build
with bulls firmly in charge. The Aug 22 high at 1.2936 is the next upside
target, ahead of a potential run at the July 17 low of 1.2958. A close above
here would suggest a solid base is forming. Failure to hold 1.2800 would see
downside pressure build with bears targeting the 1.2750 level and Aug 15 low at
1.2662.

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