The Chartist reports China’s Shanghai Index is setting itself up for a solid 2014 after a long retreat. But conviction is now required.
Michael Gable of Fairmont Equities notes the technicals are suggesting Cochlear may be oversold at this level, suggesting potential upside.
The TechWizard believes the correction in the USD/JPY is over and a break-out has ocurred to the upside.
The Chartist is longer term bullish oil, but decribes the current chart as a downward freight train not to be messed with.
Nick Linton-Ffrost of Fifth Wave suggests a short-term trading sell on BHP Billiton.
Michael Gable of Fairmont Equities notes a technical break-out for Atlas Iron which should suggest further upside.
The Chartist reports Fortescue Metals’ chart is suggesting a sustainable up-trend that hasn’t been seen in years.
Michael Gable of Fairmont Equities notes heavy volume on Carsales weakness suggests lower prices and a more attractive entry point.
The Chartist is looking to go long the US S&P 500 on any pullack, but will be ready to chase on a break-out.
Michael Gable of Fairmont Equities suggests the post-result honeymoon for Qantas is over and a move to retest the lows is on the cards.