Daily FNArena News - Technicals

Craig Parker of Moat Capital sees more consolidation ahead for the ASX200, dependent on how long the local market remains at arm’s length from international issues.

The Chartist reports the run in Aristocrat Leisure shows no sign of slowing.

Michael Gable of Fairmont Equities notes that after a long retracement, Bellamy’s appears set for upside once more.

Craig Parker of Moat Capital applauds a bounce in the banks but would like now to see some consolidation.

The Chartist is longer term bullish on gold but warns of shorter term downside risk.

Michael Gable of Fairmont Equities suggests the up/downside for Telstra from here depends on breaching critical levels.

Craig Parker of Moat Capital suggests the ASX200 is primed to retest 6150.

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.