Comments include: ASML, GOLF, GOOGL, ISRG, LH, MRK, & UHS.
| ASML ASML Holding NV ADR ($770.20) - Semiconductors - ASML pushed higher Monday to break a double top at $768 before reaching $776 intraday. This 3 for 5'er moved to a positive trend in May and sits in the top quintile of the favored semiconductors sector RS matrix. The technical picture is favorable and improving. Initial support can be seen at $728, while the stock is at resistance from earlier this year. |
| GOLF Acushnet Holdings Corp ($72.82) - Leisure - GOLF broke a double top at $73 for a fourth consecutive buy signal. The stock is a 4 for 5'er that ranks within the top third of the Leisure sector matrix and is accompanied by a yield north of 1%. Okay to conisder here on the breakout. Initial support lies at $68, while additional may be seen at $63, the bullish support line. |
| GOOGL Alphabet Inc. Class A ($176.11) - Internet - GOOGL has had a tough go of things in 2025, off roughly 8%. Despite this, the stock remains a 3/5'er and is well off lows for the year at $142... but today's break still leaves some to be desired. It now tests a range of localized resistance around current levels. Those with holdings should continue to sit tight, but don't open any new exposure for now. Watch newly established support around $166. |
| ISRG Intuitive Surgical, Inc. ($527.63) - Healthcare - ISRG reversed into a column of Os, breaking a double bottom at $528 and reaching an intraday low below $504. The stock is still a 5 for 5'er and ranks in the top quartile of the healthcare sector matrix. For those invested, continue to hold your position as the technical picture is still very strong. Initial strong resistance is between $560-$568, with additional strong resistance at $584. |
| LH Laboratory Corp. of America Holdings ($256.11) - Healthcare - LH inched higher to complete a bullish catapult at $256, marking its second consecutive buy signal. The 4 for 5'er moved into a positive trend in late April and ranks in the top quartile of the healthcare sector matrix. Long exposure can be considered. LH is now facing strong resistance at $256 as it nears a multi-year high. Initial support is at $240 with additional support at $212. |
| MRK Merck & Co., Inc. ($79.27) - Drugs - MRK moved higher to break a double top at $80. The 1 for 5'er moved down from a 2 last month after showing short term relative weakness against the market. Additionally, MRK ranks near the bottom of the drugs sector matrix. Continue to look for opportunities elsewhere, as MRK has shown notable technical deterioration since the start of the year. Initial resistance is at $81, with additional resistance at $85. |
| UHS Universal Health Services, Inc. ($178.68) - Healthcare - UHS moved further down, breaking a double bottom at $182 and reaching an intraday low below $170. The 3 for 5'er now sits within 1-2 boxes from reversing trend, effectively brining down the technical attribute score (TA) to a 2. For those holding, set an alert for any changes in the TA score. Long exposure should be avoided. Initial resistance is at $192, with additional strong resistance at $198. |
