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(Z18) Bulls Pause *RES 4: 151.64 50%......>

JGB TECHS
JGB TECHS: (Z18) Bulls Pause
*RES 4: 151.64 50% 154.00-149.28
*RES 3: 151.51 Sep 8 2017 High
*RES 2: 151.13 - High May30
*RES 1: 151.09 - 38.2% 154.01-149.28
*PRICE: 150.98 @ 16:28 GMT, Nov 16
*SUP 1: 150.47/33 - 100-/50-DMA
*SUP 2: 149.75 - Spike Low Aug 2
*SUP 3: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
*SUP 4: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
Bulls certainly took back control over the course of the last week having closed
the gap opened in early Summer and breaking back above the 151 handle. While
bullish price action paused somewhat Friday, a bullish breakout has been
confirmed and targets are shifted higher to 151.09 and 151.13. Basing above the
200-dma at 150.63 also adds weight to the bullish argument. Key support next
kicks in at the 100- and 50-dmas at 150.47 and 150.38.

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