Daily FNArena News - Technicals

Craig Parker of Moat Capital believes the pullback for the ASX200 is healthy and could open the way for a new high.

The Chartist reports more weakness is likely for data centre operator NextDC before a bounce.

Michael Gable of Fairmont Equities notes the technicals suggest DuluxGroup may be only days away from a breakout.

Craig Parker of Moat Capital suggests the current uptrend suggest the ASX200 could hit a new high in the next twelve months.

Michael Gable of Fairmont Equities suggests the charts indicate a2 Milk will move higher.

Craig Parker of Moat Capital suggests the outlook for the ASX200 is back to positive now the political situation has calmed down.

The Chartist reports the trend is still down for the Aussie but it is possible, though far from certain, a bottom has now been seen.

Michael Gable of Fairmont Equities suggests Breville Group should consolidate following its post-result rally, providing an opportunity.

Craig Parker of Moat Capital suggests the ASX200 is targeting 6400, as long as the banks play ball.

Michael Gable of Fairmont Equities notes that having pulled back, Senex Energy is primed for renewed upside.