Michael Gable of Fairmont Equities identifies The Star Entertainment Group as a beneficiary of lower oil prices.
Nick Linton-Ffrost of Fifth Wave suggests Friday’s higher low should provide for higher highs ahead for the ASX200.
The Chartist reports the Aussie is poised for further upside in the near term.
Michael Gable of Fairmont Equities suggests Qantas’ technicals are portending a break down.
Nick Linton-Ffrost of Fifth Wave suggests the ASX200 is sitting inside a trigger level range of 5100 to 5300.
The Chartist reports the technical trend is up for Wall Street but some further consolidation is likely in the near term.
Michael Gable of Fairmont Equities suggests weakness in CBA will proceed a push higher.
Nick Linton-Ffrost of Fifth Wave suggests a break above 5400 or below 5100 for the ASX200 will set the trend.
Market analysts at FXCM suggest only a surprise plunge in the US dollar will prevent oil prices going lower still.
The Chartist suggests that while Fortescue’s technical break-up is encouraging, it’s not time to go piling in just yet.