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NYMEX WTI: (K18) Above $64.07 To Target...>

OIL TECHS
OIL TECHS: NYMEX WTI: (K18) Above $64.07 To Target 2018 High 
*RES 4: $64.07 - High Feb 26 
*RES 3: $63.59 - Bollinger band top 
*RES 2: $63.05 - High Mar 6 
*RES 1: $62.56 - Falling daily TL off Feb 2 high
*PRICE: $62.10 @ 0530GMT
*SUP 1: $61.76 - 21-DMA 
*SUP 2: $61.60 - High Mar 15 now support 
*SUP 3: $60.86 - Low Mar 15 
*SUP 4: $60.18 - Low Mar 14
*COMMENTARY: Support emerging on dips back towards the key $59.18-91 support
region provided the impetus for a close above 21 & 55-DMAs Friday with focus on
$63.05-64.07. Bulls need a close above $64.07 to return focus to 2018 highs with
the Bollinger band top their key concern. Bears now need a close below $61.60 to
ease bullish pressure and below $59.18 to hint at a move back to $54.10-55.90
with below $57.60 to confirm.

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