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Rejected Ahead Of 200-WMA Repeatedly....>

CABLE TECHS
CABLE TECHS: Rejected Ahead Of 200-WMA Repeatedly
*RES 4: $1.4385 200-WMA 
*RES 3: $1.4349 Low June 20 2016 now resistance 
*RES 2: $1.4344 2018 High Jan 25 
*RES 1: $1.4208 Hourly resistance Jan 26
*PRICE: $1.4136 @ 0530GMT
*SUP 1: $1.4073 Hourly support Jan 24 
*SUP 2: $1.3962 Hourly support Jan 23 
*SUP 3: $1.3914 Low Jan 23 
*SUP 4: $1.3837 Low Jan 19
*COMMENTARY: Gains continued Thursday only to be aggressively rejected ahead of
the 200-WMA with the pair again capped ahead of this level Friday. Correcting
O/B daily studies remain a concern and increase correction risk. Bears need a
close below $1.4073 to shift initial focus back to $1.3914-62. A close above the
200-WMA is needed to target $1.5018 June 2016 monthly highs.

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