Daily FNArena News - Technicals

The Chartist continues to believe in overall buyer interest in gold, but there remains a risk of a break-down.

Michael Gable of Fairmont Equities believes BHP Group is set to push through its prior high early next year.

Michael Gable of Fairmont Equities suggests a buying opportunity has arisen in Beach Energy.

Michael Gable of Fairmont Equities suggests that despite today’s sell-off, the ASX200 has the capacity to reach 7200.

The Chartist suggests it is not yet time to take profits in CSL but new buyers should await a better opportunity.

Michael Gable of Fairmont Equities notes BHP Group is making higher lows and higher highs.

The Chartist reports that the technical risks are skewed to the upside for the gold price.

Michael Gable of Fairmont Equities suggest Appen has now seen a bottom and any weakness from here is a buying opportunity.

Michael Gable of Fairmont Equities suggest that after a period of consolidation, Amcor appears ready to head higher.

The Chartist is not yet convinced the lithium price is set for a more material recovery, but the early signs are positive.