(V18) Above $2 Keeps Focus Higher *RES....>

OIL TECHS: (V18) Above $2 Keeps Focus Higher

*RES 4: $2.3000 - Bull flag breakout target 

*RES 3: $2.2000 - Resistance 

*RES 2: $2.1150 - High May 22 

*RES 1: $2.0624 - High Sep 4 

*PRICE: $2.0106 @ 05:58 GMT 

*SUP 1: $1.9260 - Low Sep 6 

*SUP 2: $1.9139 - Low Aug 22 

*SUP 3: $1.8796 - 200-dma 

*SUP 4: $1.8662 - Low Aug 16 

Bulls have the edge once again as they reclaim the $2.0 level ahead of a

potential challenge of the $2.0624 high hit on Sep 4. A break above here would

suggest a return to the May 22 peak. On the downside the Sep 6 low of $1.9260

acts as support, and below here lies the key Aug 22 low of $1.9139. A break

below here is needed to threaten the larger bullish trend.