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O/B Daily Studies Looking To Correct....>

CABLE TECHS
CABLE TECHS: O/B Daily Studies Looking To Correct
*RES 4: $1.5018 2016 High June 24 2016 
*RES 3: $1.4664 Weekly Bull channel top 
*RES 2: $1.4376 2018 High Apr 17 
*RES 1: $1.4346 Hourly resistance Apr 17
*PRICE: $1.4300 @ 0430GMT
*SUP 1: $1.4280 Low Apr 17 
*SUP 2: $1.4218 Low Apr 13 
*SUP 3: $1.4182 Hourly support Apr 12 
*SUP 4: $1.4145 Hourly support Apr 10
*COMMENTARY: Fresh 2018 & nearly 2 year highs lacked follow through with the
close below $1.4296 ringing alarm bells when combined with daily studies looking
to correct from O/B, momentum divergence and proximity of the Bollinger top
($1.4333). Bears now need a close below $1.4218 to shift focus back to
$1.4104-45 with the 21-DMA at $1.4142. Bulls look for a close above $1.4376 to
confirm focus on the weekly bull channel top.

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