Comments include: COIN, CRUS, DLTR, RBRK, & TSLA.
| COIN Coinbase Global, Inc. Class A ($199.86) - Software - COIN pushed higher Friday to break a triple top at $212. This also moved the stock back to a positive trend and promotes it to a 3 for 5 TA rating. The weight of the evidence is mixed but improving. Initial support can be seen at $194 with further support not seen until $170. Further overhead resistance may be seen in the $224-232 range. |
| CRUS Cirrus Logic Inc ($100.53) - Semiconductors - CRUS advanced Friday to break a double top at $100, notching a second consecutive buy signal. This 4 for 5'er moved to a positive trend last week and has been on an RS buy signal against the market since early 2023. The weight of the evidence is strong and improving. Initial support can be seen at $92 and $84. Overhead resistance can be seen from the current level to $112. |
| DLTR Dollar Tree, Inc. ($85.95) - Retailing - DLTR broke a double top at $86 to complete a bullish catapult as the stock rallied to its highest chart level since August last year. The stock is a 3 for 5'er that ranks 4th (out of 88) within the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the lower $80s. Initial support lies at $79, while additional may be found in the lower $70s. |
| RBRK Rubrik, Inc. Class A ($76.55) - Software - RBRK rose Friday to break a double top at $78 before reaching $79 intraday. This 5 for 5'er moved to a positive trend at the end of April and has now given four consecutive buy signals. The weight of the evidence is favorable and improving. Initial support can be seen at $72, with further support at $68. Overhead resistance may be seen initially at $80, the all-time high from February. |
| TSLA Tesla Inc. ($297.89) - Autos and Parts - TSLA broke a triple top at $296 for a second buy signal as shares rallied to $304. The move also flips the trend back to positive, which will increase the stock to a 5 for 5'er. Okay to consider here on the breakout or on a pullback to the $280 range. Initial support lies at $272, while the bullish support line resides at $240. |
