Daily FNArena News - Technicals

The Chartist believes the trend is for further gains for copper but is cautious at present given bearish divergence.

Michael Gable of Fairmont Equities suggests a breakout for G8 Education could take the stock back above $5.

Michael Gable of Fairmont Equities looks at entry points for BHP Billiton in preparation for a rally.

Craig Parker of Moat Capital suggests the ASX200 may now return to its sideways channel but Wall Street risk grows.

The Chartist reports Harvey Norman is likely setting for a bounce but only ahead of further weakness.

Michael Gable of Fairmont Equities suggests chart action on nickel producer Western Areas is hinting at a significant upside move.

Craig Parker of Moat Capital suggest the ASX200 is showing some glimmers of hope but an overbought Wall Street remains a concern.

The Chartist reports the signs are mounting for a Wall Street pullback, although likely nothing too dramatic.

Michael Gable of Fairmont Equities suggests Computershare can push towards a new high.

Craig Parker of Moat Capital notes the ASX200 has held support but as to where from here is unclear.