Daily FNArena News - Technicals

The Chartist remains long term bullish the S&P500 but suggests staying on the sidelines for now until near term volatility abates.

Michael Gable of Fairmont Equities has learned that after consolidating after an upward gap, IDP Education looks set to break upward again.

The Chartist suggests gold is consolidating for the time being but on a wider view the trend remains positive.

Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.

The Chartist reports Afterpay remains in a strong upward trend and some consolidation from here would be positive.

Michael Gable of Fairmont Equities suggests that after suffering in September, ResMed is offering a buying opportunity.

Michael Gable of Fairmont Equities notes BNPL stocks have pulled back from overvaluation but Zip Co is consolidating ahead of a potential return to the upside.

Michael Gable of Fairmont Equities notes Qantas shares are again on the move up, on solid volume, suggesting a retest of the recent high.

Michael Gable of Fairmont Equities suggests weaker investors are selling into the US pullback while stronger investors are looking to the longer term.

Michael Gable of Fairmont Equities notes the charting pattern for digital AV networking company Audinate suggests a rally ahead.