Rally Meets Tougher Resistance From.....>

CABLE TECHS: Rally Meets Tougher Resistance From Between $1.3230-$1.3236

*RES 4: $1.3316 1% volatility band

*RES 3: $1.3280 Oct 26 high

*RES 2: $1.3230/36 76.4% $1.3280-$1.3070, Hourly high Oct 26

*RES 1: $1.3223 Intraday high

*PRICE: $1.3202 @0955GMT

*SUP 1: $1.3166 Hourly low Oct 30

*SUP 2: $1.3127 Oct 30 low

*SUP 3: $1.3070 Oct 27 low

*SUP 4: $1.3052 1% volatility band

*COMMENTARY* Found support from $1.3070 on Friday, just above the lower 1%

volatility band, which has moved by time to $1.3052 today. Had become oversold

in the near term and is still correcting the most recent losses from the Oct 26

high at $1.3280. Has reached $1.3223 so far but likely needing a further move

above $1.3230-$1.3236, before near term bias returns to the topside. Support

also rises, $1.3166-$1.3127 now the protection against a return lower.