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Rally Nears 4 year Falling Resistance...>

CABLE TECHS
CABLE TECHS: Rally Nears 4 year Falling Resistance Line
*RES 4: $1.3791 1.618 projection target from $1.3382
*RES 3: $1.3669 1.618 swing of $1.3619-$1.3538
*RES 2: $1.3635 Equality rise from $1.3382 to $1.3153-$1.3406
*RES 1: $1.3619/22 i'day high, 4 year falling resistance line
*PRICE: $1.3566 @0908GMT
*SUP 1: $1.3525/35 Hourly support
*SUP 2: $1.3470 Hourly high Sep 15, now support
*SUP 3: $1.3437 Hourly base Sep 15
*SUP 4: $1.3382 Hourly base Sep 14
*COMMENTARY* A high $1.3619 so far, just below the 4 year falling resistance
line at $1.3622. Has subsequently been correcting some overbought hourly
conditions with initial support anticipated from between $1.3535-$1.3525. This
area protecting against any deeper $1.3470-$1.3437 pullback, of the most recent
gains from last Thursday's $1.3382 base. Above $1.3622 and next targets become
$1.3635-$1.3669. 

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