
Comments include: HEI, HSY, NUE, & TTWO.
HEI Heico Corporation ($278.75) - Aerospace Airline - HEI moved higher today, now sitting just one box away from all-time highs dating back to late 2025. While the upside resistance is nearby, the technical picture is strong and improving. Support is seen just above the middle of the trading band at $260, with further support seen at the bullish support line at $244. |
HSY The Hershey Company ($157.70) - Food Beverages/Soap - Shares of HSY broke a double bottom at $160, violating its bullish support line in the process to move back to a negative trend. The now 1 for 5’er ranks is the bottom half of its sector matrix and lacks long-term relative strength. As such, it should continue to be avoided until it sees further improvement. From here, support lies at $142. |
NUE Nucor Corporation ($116.05) - Steel/Iron - NUE returned to a sell signal Friday when it broke a double bottom at $114. Friday's move adds to an already weak technical picture as NUE is a 1 for 5'er that ranks last in the steel/iron sector matrix. From here, the next level of support sits at $106. |
TTWO Take-Two Interactive Software, Inc. ($227.54) - Leisure - TTWO broke a double top at $236 to complete a bullish triangle as shares rallied above $240 for a new all-time chart high. The stock is a 5 for 5'er that currently ranks 3rd (out of 56) within the Leisure sector matrix. Okay to conisder here on the breakout or on a pullback to the lower $220s. Initial support lies at $220, while additional may be found in the lower $200 range with the bullish support line residing at $200. |