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Rally Attempts To Sustain A Break.......>

CABLE TECHS
CABLE TECHS: Rally Attempts To Sustain A Break Above $1.4097
*RES 4: $1.4227 1% volatility band
*RES 3: $1.4179 76.4% Fibo of $1.4245-$1.3966
*RES 2: $1.4134/38 Initial low Mar 28, 61.8% Fibo retrace
*RES 1: $1.4106 50% Fibo of $1.4245-$1.3966
*PRICE: $1.4085 @1605GMT
*SUP 1: $1.4040/50 Hourly support
*SUP 2: $1.4022 Initial intraday rally high, now support
*SUP 3: $1.4000 Hourly base Apr 5
*SUP 4: $1.3958/66 1.618 swing of $1.4011-$1.4097, Apr 5 low
*COMMENTARY* The move back above $1.4015-$1.4030 offered initial encouragement
for a better bounce, $1.4070 thereafter. Now looking to clear the previously
troublesome $1.4097 resistance, a high of $1.4106 so far on the day, basically
equating to a 50% Fibo retrace of the $1.4245-$1.3966 fall seen since the end of
last month. Meanwhile, support rises to $1.4050-$1.4022 but only back below
$1.4000 would currently concern.

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