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One way traffic: *RES 4: 1.2552.........>

CABLE TECHS
CABLE TECHS: One way traffic:
*RES 4: 1.2552 100-dma
*RES 3: 1.2427 38.2% 1.3185 - 1.1959
*RES 2: 1.2382 Low Jul 17
*RES 1: 1.2354 Intraday High
*PRICE: 1.2328 @ 15:24 GMT Sep 5
*SUP 1: 1.2309 50-dma
*SUP 2: 1,2079 Low Sep 4
*SUP 3: 1.1959 Cycle low Sep 3
*SUP 4: 1.1948 10-dma 2% envelope
The pair's impressive rally extended further Thursday, taking out key resistance
at the 50-dma and adding more strength to the argument that this bullish
reversal is going to hold. The climb above the 50-dma is the first since early
May. This reinforces recent bullish signals. In candle terms, Tuesday marked a
hammer reversal. Upside targets lie at 1.2382, with Fib resistance at 1.2427
seen as particularly strong. First support lies at 1.2079.

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