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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
*RES 3: $1.4368 61.8% Fibo of $1.5932-$1.1838
*RES 2: $1.4346 Jan 25 high
*RES 1: $1.4284/87 1% volatility band, Jan 26 high
*PRICE: $1.4213 @0937GMT
*SUP 1: $1.4180/90 Hourly support
*SUP 2: $1.4151/59 Hourly base Jan 31, intraday low
*SUP 3: $1.4122 Jan 31 low
*SUP 4: $1.4050 76.4% Fibo of $1.3980-$1.4279
*COMMENTARY* Thursday saw a challenge into the $1.4260-$1.4287 area, a high of
$1.4279 so far. Need to sustain a break back above $1.4287 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 at $1.4399 and upper 2% volatility band at $1.4425
would present the next potential brake higher. Initial support comes from
$1.4190-$1.4180, ahead of the now stronger $1.4159-$1.4151 area.

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