ATRC, BGFV, CROX, GCO, GME, GRA, HZO, PENN, YETI & ZTS.
| ATRC AtriCure, Inc. ($59.52) - Healthcare - ATRC shares moved higher today to break a double top at $59 to mark its second consecutive buy signal and reach a new all-time high. This 5 for 5'er has been in a positive trend since November and on an RS buy signal versus the market since June of 2018. Recent price action has put ATRC into heavily overbought territory, so those wishing to initiate a long position may be best served to wait for a pullback or price normalization. From here, support is offered at $53. |
| BGFV Big 5 Sporting Goods Corp. ($12.26) - Retailing - BGFV broke a double top at $12.50, marking the stock’s sixth consecutive buy signal. BGFV is a 5 for 5’er within the favored retailing sector that has experienced two weeks of positive weekly momentum. From here, support sits at $10. BGFV offers a yield of 3.29%. |
| CROX Crocs, Inc. ($74.41) - Textiles/Apparel - CROX completed a bullish catapult pattern with today’s market action at $71 before moving higher to $76. This move broke through resistance dating back to 2007 and as a result, CROX is now trading at new all-time highs. CROX is a 5 for 5’er within the favored textiles/apparel sector that has support sitting at $66. |
| GCO Genesco Inc. ($35.80) - Textiles/Apparel - GCO returned to a buy signal at $35 before moving higher to $36 on Monday. GCO is a 3 for 5’er that ranks in the top half of the favored textiles/apparel sector. From here, support sits at $27. |
| GME GameStop Corporation ($19.78) - Retailing - GME broke a double top at $19.50 before moving higher to $20 on Monday, marking the stock’s second consecutive buy signal. GME is a perfect 5 for 5’er within the favored retailing sector that ranks 9th out of 90 names. From here, support sits at $17.50. |
| GRA W.R. Grace & Co ($59.52) - Chemicals - GRA broke a quadruple top at $58 in Monday's trading, breaking through resistance that had been in place since November and continued higher, taking out an additional level of resistance at $58. GRA is a 3 for 5'er that ranks in the top half of the favored chemicals sector matrix and carries a 2.2% yield. The stock now sits against resistance at $60, while the first sell signal would come with a move to $53. |
| HZO Marinemax ($40.47) - Leisure - HZO completed a bullish catapult pattern on Monday with a double top buy signal at $40 before moving higher to $41, marking a new all-time high on the chart. HZO is a 4 for 5’er within the favored leisure sector that has experienced two weeks of positive weekly momentum. Initial support is available at $35. |
| PENN Penn National Gaming Inc ($101.61) - Gaming - PENN returned to a buy signal on Monday with a double top buy signal at $95 before rallying to new all-time highs at $102. PENN is a healthy 5 for 5’er that ranks 4th out of 14 names in the favored gaming sector. Initial support sits at $87 and earnings are expected on 2/4/21. |
| YETI YETI Holdings, Inc. ($75.66) - Leisure - YETI completed a shakeout pattern on Monday with a triple top breakout at $75 before moving higher to new all-time highs at $76. YETI is a perfect 5 for 5’er that has been trading in a positive trend since early May. From here, support sits at $68. |
| ZTS Zoetis Inc. ($169.26) - Drugs - ZTS shares moved higher today to break a double top at $170 to return to a Point & Figure buy signal. This 4 for 5'er has been in a positive trend since April and on an RS buy signal versus the market since June of 2015. ZTS is actionable at current levels with a weekly overbought/oversold reading of 21%. From here, support is offered at $158. |
