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Sustained $1.4287 Break Remains Key.....>

CABLE TECHS
CABLE TECHS: Sustained $1.4287 Break Remains Key To Fresh Upside Potential
*RES 4: $1.4399 14 month bull channel top, 2% vol band
*RES 3: $1.4368 61.8% Fibo of $1.5932-$1.1838
*RES 2: $1.4346 Jan 25 high
*RES 1: $1.4287 Jan 26 high
*PRICE: $1.4240 @1833GMT
*SUP 1: $1.4185/00 Hourly support
*SUP 2: $1.4151/59 Hourly base Jan 31, intraday low
*SUP 3: $1.4122 Jan 31 low
*SUP 4: $1.4075/80 Congestion area Jan 29-30
*COMMENTARY* Saw an earlier challenge into the $1.4260-$1.4287 area. Need to
sustain a break back above the latter, to return near term bias back to the
topside and another assault on $1.4346-$1.4368. Any higher and the 14 month bull
channel top and upper 2% volatility band at $1.4399 would present the next
potential brake higher. Initial support comes from $1.4200-$1.4185, ahead of the
now stronger $1.4159-$1.4151 area.

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