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Sub 55-WMA Weekly Close *RES 4:.........>

CABLE TECHS
CABLE TECHS: Sub 55-WMA Weekly Close
*RES 4: $1.3445 Hourly resistance May 22 
*RES 3: $1.3421 Low May 23 
*RES 2: $1.3406 55-WMA 
*RES 1: $1.3351 Hourly resistance May 25
*PRICE: $1.3329 @ 0430GMT
*SUP 1: $1.3293 2018 Low May 25 
*SUP 2: $1.3219 Low Nov 28 
*SUP 3: $1.3065 100-WMA 
*SUP 4: $1.3037 Monthly Low Nov 3
*COMMENTARY: Pressure on the pair resulted in a weekly close below the 55-WMA
which adds weight to the case for a move currently targeting $1.2995.-1.3065.
Bears now look for a close below $1.3293 to add additional weight as layers of
resistance continue to build. Bulls now need a close above $1.3421 to gain
breathing room and above $1.3617 to hint at a move back to $1.3792-1.3893 where,
55 ($1.3851) & 100 ($1.3882) DMAs are noted.

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