Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes after a long decline South32 appears to have formed a double-bottom.

The Chartist reports sell-side volumes are increasing for AMP and only a short-covering scramble could reverse downside momentum.

Michael Gable of Fairmont Equities suggest the long downturn in the Domino’s Pizza share price may have come to an end.

The Chartist suggests recent consolidation for the iron ore price implies risk remains to the upside.

Michael Gable of Fairmont Equities notes Nearmap’s share price has stabilised and the stock may be setting for a recovery.

Michael Gable of Fairmont Equities suggests a break-up for accounting software firm Class may have the stock heading for the clouds.

The Chartist reports CSL appears to be setting up for another push higher so it’s one to watch.

Michael Gable of Fairmont Equities believes Bega Cheese may be in the early stages of a share price recovery.

The Chartist suggests that despite a strong bounce for the Aussie dollar, downisde risk is still very real.

Michael Gable of Fairmont Equities notes the technicals are suggesting Santos is offering a buying opportunity.