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

BTPS: TECHS: (M0) Still Finding Support

*RES 4: 141.13 High Apr 9

*RES 3: 140.45 50-day EMA

*RES 2: 140.00 Round number resistance

*RES 1: 139.77 High Apr 30

*PRICE: 138.60 @ Close Apr 30

*SUP 1: 137.14 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 ended last week on a choppy note. The recent recovery off 132.61, Apr 22

low remains intact. The move higher is likely a correction however, it appears

set to extend. Further gains would expose 140.00 and an important resistance

area at 140.45, the 50-day EMA. A clear break of the average is required to

signal potential for a stronger rally. On the downside, a break of support at

134.61, Apr 24 low would dampen the current bullish sentiment.