Michael Gable of Fairmont Equities takes a look at Brambles as a beneficiary of its own and the Aussie dollar’s technicals.
Nick Linton-Ffrost of Fifth Wave suggests the strong bounce back from support for the ASX 200 last week suggests upside from here.
The Chartist reports Westpac on worst case could fall to $30 but if it can close higher again today, upside risk is more dominant.
Michael Gable of Fairmont Equities syggests if Downer EDI holds at current levels another move upside is suggested by the charts.
Nick Linton-Ffrost of Fifth Wave suggests the risk for the Australian market remains to the downside in the coming week.
The Chartist reports a technical buy has been triggered in the Dow Jones Industrial Average.
Michael Gable of Fairmont Equities notes a critical technical level for Fortescue which may suggest a bounce is due.
Nick Linton-Ffrost of Fifth Wave sees a failed break-out for the Australian index and thus downside risk.
The Chartist reports Woolworths has broken up on the chart but has left a gap, which suggests caution before any further bullishness.
Michael Gable of Fairmont Equities suggests a strategy to take advantage of weakness in ANZ Bank.