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TECHS: (M0) Looking For Gains *RES 4: 139.82...>

BTPS
BTPS: TECHS: (M0) Looking For Gains
*RES 4: 139.82 50-day EMA
*RES 3: 139.77 High Apr 30 and bull trigger
*RES 2: 139.02 High May 5
*RES 1: 138.59 High May 11
*PRICE: 137.34 @ Close May 11
*SUP 1: 135.43 Low May 8 and key near-term support
*SUP 2: 134.61 Low Apr 24
*SUP 3: 132.61 Low Apr 22 and the bear trigger
*SUP 4: 132.30 61.8% retracement of Mar 18 - 27 rally
BTPS found support last week at 135.43, May 7 low. The recovery Friday leaves
the important near-term support at 134.61, Apr 24 low intact. The technical
picture appears to have improved however to confirm and reinstate a bullish
theme, price needs to clear resistance at 139.77, Apr 30 high. A failure to hold
above support at 135.43 would again leave 134.61 exposed ahead of the key
support at 132.61, Apr 22 low.

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