Steep Pullback Holds Above Key..........>

CABLE TECHS: Steep Pullback Holds Above Key $1.3796 Support

*RES 4: $1.4101 1% volatility band

*RES 3: $1.4056/67 50% Fibo of $1.4346-$1.3765, Feb 8 high

*RES 2: $1.4002 1.618 swing of $1.3925-$1.3800

*RES 1: $1.3988/96 Feb 9 high, 76.4% Fibo of $1.4067-$1.3765

*PRICE: $1.3954 @1710GMT

*SUP 1: $1.3915/25 Hourly support

*SUP 2: $1.3865/70 Hourly congestion area Feb 13-14

*SUP 3: $1.3842 Intraday hourly basing area 

*SUP 4: $1.3796/00 Feb 12, intraday lows

*COMMENTARY* The correction of the recent $1.3458-$1.4346 gains reached $1.3765

last Friday. In the interim, the subsequent recovery surpassed initial $1.3902

resistance but further progress was halted earlier by $1.3925. The resultant

fall today was deep but held above key near term support at $1.3796. Fresh

impetus has been gained from this pullback, since surpassing $1.3925, leaving

$1.3988-$1.4002 as the next potential bar higher. Support $1.3925-$1.3865.