Company Description: Time Warner Cable Inc. provides video, data, and voice service to residential and commercial customers in the United States. The company offers video service through analog transmissions; a combination of digital and analog transmissions; or in systems, as well as video service via digital transmissions. It provides on-demand services, enhanced television services, high-definition television, and set-top boxes equipped with digital video recorders. Time Warner Cable also offers video programming; data services, including Internet access, Web site hosting, and managed security; and Business Class Phone, a business-grade phone service geared to small- and medium-sized businesses, as well as commercial networking and transport services. As of December 31, 2008, it served approximately 14.6 million customers primarily in New York state, the Carolinas, Ohio, southern California, and Texas. The company is based in New York, New York. Time Warner Cable Inc. formerly operated as a subsidiary of Time Warner Inc. Time Warner Cable Inc. (NYSE:TWC) operate independently of Time Warner Inc. as of March 12, 2009..

Our Analysis: The shares of Time Warner Cable, Inc. 'TWC' set a 2009 closing high on significantly heavier than normal trading volume yesterday. In the process they completed a cup pattern with a measured move to our stated price target of $42.53/share. This is a bullish trading signal. I see downside support on the shares of 'TWC' @ $35.82/share. I have set my stops accordingly at $34.41/share..