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Topside Follow Through Lacking *RES 4:...>
KIWI TECHS
KIWI TECHS: Topside Follow Through Lacking
*RES 4: $0.7114 - 55-DMA
*RES 3: $0.7102 - Hourly support Apr 25 now resistance
*RES 2: $0.7052 - High May 4
*RES 1: $0.7023 - High May 31
*PRICE: $0.6997 @ 2130GMT
*SUP 1: $0.6959 - High May 28 now support
*SUP 2: $0.6944 - 21-DMA
*SUP 3: $0.6880 - Low May 30
*SUP 4: $0.6849 - 2018 Low May 16
*COMMENTARY: The break of $0.6998 has so far lacked follow through with bulls
now looking for a close above $0.7052 to shift initial focus to $0.7103-0.7200
where 55, 100 & 200-DMAs are situated. The 21-DMA remains key support to end the
week. Bears now need a close below the 21-DMA to gain breathing room and return
focus to $0.6849-80 where 2018 lows are situated. The Bollinger top ($0.7032) is
the key concern for bulls.
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