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Topside Failures Weighing *RES 4:........>

KIWI TECHS
KIWI TECHS: Topside Failures Weighing
*RES 4: $0.7458 - Low July 28 now resistance 
*RES 3: $0.7435 - 2018 High Jan 24 
*RES 2: $0.7420 - High Jan 31 
*RES 1: $0.7398 - Hourly support Jan 31 now resistance
*PRICE: $0.7356 @ 2030GMT
*SUP 1: $0.7325 - Low Jan 31
*SUP 2: $0.7277 - Low Jan 30
*SUP 3: $0.7266 - Low Jan 22
*SUP 4: $0.7264 - 21-DMA
*COMMENTARY: Topside hesitation continues with bulls needing a close above
$0.7435 to reconfirm the bullish bias and target tests of $0.7558 2017 highs.
Correcting O/B daily studies remain the key concern for bulls with Tuesday's
topside rejection weighing. Bears continue to look for a close below the 21-DMA
to ease bullish pressure and below $0.7217 to shift focus to $0.7042-0.7134
where key DMAs are clustered.

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