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Support Emerges Ahead of 21-DMA *RES.....>

KIWI TECHS
KIWI TECHS: Support Emerges Ahead of 21-DMA
*RES 4: $0.7558 - 2017 High July 27 
*RES 3: $0.7524 - High July 28 
*RES 2: $0.7496 - Hourly resistance Aug 1 
*RES 1: $0.7458 - High July 21, Hourly resistance Aug 2
*PRICE: $0.7439 @ 2100GMT
*SUP 1: $0.7429 - Hourly support Aug 3
*SUP 2: $0.7405 - Hourly resistance Aug 3 now support
*SUP 3: $0.7391 - Low July 21
*SUP 4: $0.7384 - Hourly support July 20, 21-DMA
*COMMENTARY: Bulls take comfort in support emerging ahead of the 21-DMA and key
$0.7334-84 support region where the 21-DMA and daily bull channel base ($0.7362)
are situated. The $0.7458 resistance is key today with bulls needing a close
above to ease bearish pressure and to shift focus back to $0.7524-58 where 2017
highs are noted. Bears look for a close below $0.7429 to ease pressure on
initial resistance and maintain focus on key supports.

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