Daily FNArena News - Technicals

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.

Michael Gable of Fairmont Equities notes shipbuilder Austal has staged a technical breakout and should continue higher.

The Chartist suggests that the longer the S&P500 remains in a range, the greater the chance of a downside break. But all depends on the next tweet.

The Chartist suggest those interested in lithium investment stand aside for now until the downside trend expires.

Michael Gable of Fairmont Equities suggest that post earnings results, Bapcor is set for higher levels over coming months.

Michael Gable of Fairmont Equities warns Telstra may be set to turn lower once again.

Michael Gable of Fairmont Equities suggests last week’s bounce was insufficient to rule out further downside for the ASX200.

Michael Gable of Fairmont Equities suggests the S&P500 has suffered a technical breakdown and will likely head lower.

Craig Parker of Moat Capital suggests the ASX200 would need to find some serious momentum to avoid falling back to monthly support.