Daily FNArena News - Technicals

Michael Gable of Fairmont Equities suggests the trend line for Goodman Group is supported and any dip presents a buying opportunity.

Craig Parker of Moat Capital suggests the ASX200 remains in a daily uptrend but bearish signals are appearing in weekly and monthly charts.

The Chartist reports copper is showing possible signs of exhausted selling but the long downtrend ensures nothing is certain.

Michael Gable of Fairmont Equities suggests TechnologyOne is showing signs the decline may soon be over.

The Chartist reports the trend remains down for the lithium price, but a double-bottom could be forming.

Michael Gable of Fairmont Equities notes rallies in the share price of accounting software company Xero tend to beget further buying.

Craig Parker of Moat Capital suggests investors enjoy the post-election bank rally while it lasts. The risk remains around China trade.

Michael Gable of Fairmont Equities notes the price action on toll-collector Atlas Arteria suggests much higher levels could be seen later in the year.

Craig Parker of Moat Capital suggests the ASX200 remains in an uptrend for now, with Saturday a possible near term hiccup.

The Chartist expects the WTI crude price to swing further to the upside in coming weeks.