Daily FNArena News - Technicals

The Chartist suggests that from a technical perspective, beaten-down lithium miners may now be worth another look.

Having avoided QBE Insurance for many years, Michael Gable of Fairmont Equities believes the worst may now be over.

Craig Parker of Moat Capital notes a technical view on the ASX200 currently depends on what timeframe is being considered.

The Chartist reports the technicals show the Aussie dollar looking decidedly weak but US dollar weakness may prevail.

Michael Gable of Fairmont Equities suggests Treasury Wine Estates is providing a potential buying opportunity.

Craig Parker of Moat Capital suggests that having failed to regain the high, the ASX200 should now move back to its moving averages.

Michael Gable of Fairmont Equities notes chart activity and solid volume suggest financier FlexiGroup may have put in a bottom.

Craig Parker of Moat Capital suggests near term direction for the ASX200 will be dependent on a break-out, or not, for the S&P500.

The Chartist reports the technicals are still suggesting a pullback for the S&P500 after its solid run, unless the rare V-bounce has other ideas.

Michael Gable of Fairmont Equities expects some short term weakness in Seven Group Holdings which would provide an attractive entry point.