Daily FNArena News - Technicals

The Chartist reports CSL must at some point consolidate but for now a push through $200 is looking likely.

Michael Gable of Fairmont Equities notes AI company Appen has resumed its uptrend and is worth buying on any dip.

Craig Parker of Moat Capital notes the ASX200 is poised to retest the post-GFC high, aided by resources, but this will require the banks to stop falling.

The Chartist reports that having rejected an all-time high, Beach Energy has further to fall before buying is recommended.

Vic Patel of the Forex Training Group sees the Aussie at US60c in the next 4-6 months.

Michael Gable of Fairmont Equities suggests consolidation for auto parts specialist ARB Corp should give way to renewed upside.

Craig Parker of Moat Capital suggests the ASX200 appears to be holding technical support but whereto from here is beholden to more bank woes.

Michael Gable of Fairmont Equities notes BHP historically bounces off reliable technical levels, now approaching.

Craig Parker of Moat Capital suggests that if the ASX200 can consolidate around current levels, another upside run is possible.

The Chartist sees no reason why logistics REIT Goodman Group cannot move up significantly.