Recovery Attempts Break Above...........>

CABLE TECHS: Recovery Attempts Break Above $1.3252-$1.3259 Resistance

*RES 4: $1.3325/34 1% vol band, 2 month falling res line

*RES 3: $1.3315 Jun 22 high

*RES 2: $1.3288 1.618 swing of $1.3214-$1.3095

*RES 1: $1.3275 Jul 5 high

*PRICE: $1.3234 @0720GMT

*SUP 1: $1.3190/00 Hourly support

*SUP 2: $1.3171 Jul 4 low

*SUP 3: $1.3135/55 Congestion area Jul 2-Jul 3

*SUP 4: $1.3095 Jul 2 low

*COMMENTARY* Monday's hold of $1.3095 support kept momentum with the topside.

The subsequent move above $1.3185 has allowed the chance to extend gains through

$1.3252-$1.3259 resistance. The latter being the equality rise target from

$1.3095 to the prior $1.3050-$1.3214 move. Support comes from $1.3200-$1.3190

and then yesterday's $1.3171 low. Would anticipate the latter to hold, if gains

are to continue. Sustained move above $1.3259 and $1.3288-$1.3315 next.