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O/S Daily Studies Key Concern *RES 4:...>

CABLE TECHS
CABLE TECHS: O/S Daily Studies Key Concern
*RES 4: $1.3997 High Apr 26 
*RES 3: $1.3939 High Apr 27 
*RES 2: $1.3893 Low Apr 26 now resistance 
*RES 1: $1.3810 Hourly resistance Apr 27
*PRICE: $1.3759 @ 0430GMT
*SUP 1: $1.3710 Monthly Low Mar 1 
*SUP 2: $1.3656 Monthly High Sept 20 now support 
*SUP 3: $1.3612 High Jan 3 now support 
*SUP 4: $1.3456 2018 Low Jan 11
*COMMENTARY: The correction lower from 2018 highs sees pressure on the weekly
bull channel base ($1.3686) off Mar lows and the $1.3656-1.3710 support region.
Bears look for a close below $1.3656 to confirm a break and shift immediate
focus to the 55-WMA ($1.3373 and overall focus to $1.2995-1.3086 where the
100-WMA is found. Bulls continue to look for a close above $1.3893 to ease
bearish pressure and above $1.4031 to hint at a move back to 2018 highs.

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