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TECHS: (M0) Still Finding Support *RES 4:......>

BTPS
BTPS: TECHS: (M0) Still Finding Support
*RES 4: 141.13 High Apr 9
*RES 3: 140.60 50-day EMA
*RES 2: 140.00 Round number resistance
*RES 1: 139.51 High Apr 28
*PRICE: 138.92 @ Close Apr 28
*SUP 1: 138.18 Low Apr 27
*SUP 2: 134.61 Low Apr 24 and key near-term support
*SUP 3: 132.61 Low Apr 22 and the bear trigger
*SUP 4: 132.30 61.8% retracement of Mar 18 - 27 rally
BTPS edged higher again yesterday extending further the recovery that has
unfolded off 132.61, Apr 22 low. The bounce is likely a correction however for
now price is still finding support. An extension higher would expose 140.00 and
an important resistance area at 140.60. The latter is the 50-day EMA. On the
downside, a break of support at 134.61, Apr 24 low is required to dampen the
current bullish sentiment and signal a retest of 132.61.

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