Daily FNArena News - Technicals

The Chartist reports the recent solid bounce in iron ore prices suggests a near-term stretch in an otherwise bullish long-term trend

Michael Gable of Fairmont Equities believes the recent pullback suggests Xero is a stock worth keeping an eye on

The Chartist remains optimistic on the gold price longer term, but concedes near-term downside risk

Michael Gable of Fairmont Equities notes the recent pullback for the S&P500 is setting the index up for another rally

Michael Gable of Fairmont Equities suggests Whitehaven Coal may have seen a false break under the November low

Michael Gable of Fairmont Equities suggests that having shot up in a straight line, the ASX200 has run ahead of itself, and some consolidation is to be expected

While Westpac remains in a technical uptrend, The Chartist suggests a current lack of conviction implies patience is required

Michael Gable of Fairmont Equities notes uranium company Deep Yellow has broken key resistance

Michael Gable of Fairmont Equities notes that having technically broken up, the S&P500 needs confirmation

The Chartist reports share price weakness into the retracement zone would be the ideal set-up for the next leg higher for shares in Altium