Daily FNArena News - Technicals

Michael Gable of Fairmont Equities suggests logistics REIT Goodman Group is offering a good longer term investment opportunity.

Michael Gable of Fairmont Equities notes a number of stocks have recently developed a much more bullish profile, one being Harvey Norman.

Michael Gable of Fairmont Equities suggest a low appears to be in place for Commonwealth Bank, but upside may be limited from here.

Michael Gable of Fairmont Equities notes Breville Group has consolidated after an initial burst but the uptrend remains intact.

Michael Gable of Fairmont Equities believes Sydney Airport saw its low in March and this will likely not be breached.

The Chartist suggests investors remain cautious with regard the rally in the S&P500.

Michael Gable of Fairmont Equities notes Qantas has rebounded from its panic low and should see more upside from here.

Michael Gable of Fairmont Equities notes there has been plenty of accumulation of Australian oil & gas stocks at the bottom.

The Chartist points out that V-shaped stock market recoveries are very rare.

Michael Gable of Fairmont Equities provides some soothing words on the correction front, and notes an opportunity in Select Harvests.