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Recovery Continues, 1% Volatility.......>

CABLE TECHS
CABLE TECHS: Recovery Continues, 1% Volatility Band The Next Resistance
*RES 4: $1.3418 61.8% Fibo of $1.3659-$1.3027, 2% vol band
*RES 3: $1.3338/43 Oct 13 high, 50% Fibo of $1.3659-$1.3027
*RES 2: $1.3322 Nov 1 high
*RES 1: $1.3298 1% volatility band
*PRICE: $1.3251 @1635GMT
*SUP 1: $1.3210/20 Hourly support
*SUP 2: $1.3186 Intraday low
*SUP 3: $1.3170 Nov 17 low
*SUP 4: $1.3135 Hourly high Nov 13, Nov 16 low
*COMMENTARY* Held support from above $1.3062 last week. The subsequent recovery
has since moved through $1.3188 and then $1.3230 resistance and is now
challenging more important levels between $1.3267-$1.3298. Will now need back
above the latter to swing near term bias back to the topside. In the meantime,
immediate support comes from above $1.3220-$1.3110 and this currently protects
against any corrective action.

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