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Pressuring Weekly Bull Channel Base.....>

CABLE TECHS
CABLE TECHS: Pressuring Weekly Bull Channel Base
*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: $1.3779 @ 0220GMT
*SUP 1: $1.3745 Low Apr 27 
*SUP 2: $1.3739 Weekly Bull channel base off Mar Low 
*SUP 3: $1.3710 Monthly Low Mar 1 
*SUP 4: $1.3656 Monthly High Sept 20 now support
*COMMENTARY: The correction lower from 2018 highs sees pressure now on the
$1.3656-1.3745 support region where the weekly bull channel base off Mar lows is
located. O/S daily studies increase the risk of a bounce from this region with
bulls now needing for a close above $1.3893 to ease bearish pressure and above
$1.4031 to hint at a move back to 2018 highs with above $1.4171 to confirm.

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