Daily Financial News - Technicals

The Chartist suggests recent consolidation for the iron ore price implies risk remains to the upside.

Michael Gable of Fairmont Equities notes Nearmap’s share price has stabilised and the stock may be setting for a recovery.

Michael Gable of Fairmont Equities suggests a break-up for accounting software firm Class may have the stock heading for the clouds.

The Chartist reports CSL appears to be setting up for another push higher so it’s one to watch.

Michael Gable of Fairmont Equities believes Bega Cheese may be in the early stages of a share price recovery.

The Chartist suggests that despite a strong bounce for the Aussie dollar, downisde risk is still very real.

Michael Gable of Fairmont Equities notes the technicals are suggesting Santos is offering a buying opportunity.

Michael Gable of Fairmont Equities notes shipbuilder Austal has staged a technical breakout and should continue higher.

The Chartist suggests that the longer the S&P500 remains in a range, the greater the chance of a downside break. But all depends on the next tweet.

The Chartist suggest those interested in lithium investment stand aside for now until the downside trend expires.