
Comments include: CNX & NFLX.
CNX CNX Resources Corp ($32.92) - Oil - CNX returned to a buy signal Thursday with a double top break at $33. The move adds to an already positive technical picture as CNX is a 5 for 5'er that ranks in the top quintile of the oil sector matrix. from here, the next level of overhead resistance sits at $41, the multi-year high CNX reached in late 2024. |
NFLX NetFlix Inc. ($1,177.98) - Media - NF:X posted new all-time highs today. The stock remains a strong name within the sector and a driver of upside action so far this year, now up almost 30% so far this year. We are a bit overbought around current levels so exercise caution in the near-term... but those looking to put money to work should continue to add on opportunities as trading normalizes |