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TECHS: (H9) 200-dma Capping *RES 4: 135.10.....>

BTPS
BTPS: TECHS: (H9) 200-dma Capping
*RES 4: 135.10 High Feb 14 (continuation chart)
*RES 3: 132.88 High May 28 (continuation chart)
*RES 2: 129.97 High Jul 19 (continuation chart)
*RES 1: 127.75 200-dma
*LAST PRICE: 127.54 @ 15:34GMT, Dec27
*SUP 1: 124.57 Low Dec 18
*SUP 2: 121.40 Low Nov 28
*SUP 3: 119.27 Low Nov 20 (continuation chart)
*SUP 4: 117.77 Low Oct 19 (continuation chart)
BTPs extended their recent winning streak, but bulls have so far been unable to
top the 200-dma at 127.75 on a closing basis. This remains a key hurdle for
bulls to extend the recent rally. A close above here would open the Jul19 high
at 129.97 on the continuation chart. To the downside, bears eye the 100-dma at
123.46 to shift the near term outlook negative, below which would return the
focus to the 50-dma at 123.09.

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