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Next Band Of Support Between............>

CABLE TECHS

CABLE TECHS: Next Band Of Support Between $1.3869-$1.3830

*RES 4: $1.4069 Apr 19 low, now resistance

*RES 3: $1.4000 Apr 26 high

*RES 2: $1.3960/70 Hourly resistance

*RES 1: $1.3935 Intraday high

*PRICE: $1.3887 @0808GMT

*SUP 1: $1.3869 76.4% $1.3712-$1.4377, swing $1.3918-$1.3997

*SUP 2: $1.3830 1.618 swing $1.3895-$1.4000

*SUP 3: $1.3778/82 2% volatility band, Mar 8 low

*SUP 4: $1.3734 2018 bull channel base projection

*COMMENTARY* Failure again to move through $1.3997-$1.4007 on Thursday left the

downside vulnerable. The subsequent loss of $1.3918-$1.3890, has the potential

to enter the next region of support, from between $1.3869 and the swing target

of the recent $1.3895-$1.400 rise, at $1.3830. Any lower and will be looking to

the Mar 8 low at $1.3883 and the 2% volatility band at $1.3778 to protect the

2018 projected channel base at $1.3734. Resistance $1.3935-$1.3970.

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