Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes that while every round hundred level for the ASX200 offers support, as to which one will be the bottom is as yet unclear

Michael Gable of Fairmont Equities notes the ASX200 has broken technical support, making the next few days of trading crucial

Michael Gable of Fairmont Equities suggests a period of consolidation for lithium miner Pilbara Minerals is a precursor to renewed upside

Michael Gable of Fairmont Equities notes that after a choppy period, wealth platform Hub24 has broken up on strong volume.

Noting Pro Medicus follows a consistent rally-consolidate-rally pattern, Michael Gable of Fairmont Equities suggests another consolidation would offer a good entry point

Michael Gable of Fairmont Equities notes REA Group has fallen on strong volume post result, suggesting investors wait for a lower entry point

Michael Gable of Fairmont Equities notes that having suffered a sharp sell-off in July, Cochlear has now broken up through resistance

Michael Gable of Fairmont Equities notes that after a “false break”, Commonwealth Bank is now set for another run

Michael Gable of Fairmont Equities suggests that having bounced off its 50-day moving average, the ASX200 should trend higher from here.

The Chartist retains a longer term bullish view on gold, but warns going long right now is only for the brave