(1,5227) The CABLE confirmed a nice rally in the past few session managing a 1,52 overshooting. The move up was supported by the competition of a double bottom; a break above 1,5160 was the key level suggesting a s/t target at 1,5303. The move up is corrective and a new selling opportunity!! The indicators of the daily chart are still negative but now just at the line while those of the s/t ones are positive however already overbought, or close to the overbought area like in the 4h chart, while showing potential negative reversals. We wait for a further extension of this move up to sell. We start selling a 1,5270 overshooting!!
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