Comments include: ABT, AMAT, AXP, CELH, DXCM, FNV, HOOD, NFLX, PANW, RCL, RMD, TTWO, URI, & WPM.
| ABT Abbott Laboratories ($138.42) - Healthcare - ABT inched higher to break a double top at $138, marking its third consecutive buy signal. The 4 for 5'er ranks in the top quartile of the healthcare sector matrix. Additionally, ABT is accompanied by a yield of 1.7%. Long exposure can be considered here. Initial support is between $128-$130, with additional support at $122. |
| AMAT Applied Materials, Inc. ($180.18) - Semiconductors - AMAT rose Tuesday to break a double top at $180, notching a second consecutive buy signal. This 4 for 5'er moved to a positive trend in May and has maintained an RS buy signal against the market since November 2023. The weight of the technical evidence is positive and improving. Initial support can be seen at $166 with further support down at $154. Note that the stock is near overhead resistance at $184-186. |
| AXP American Express Company ($308.26) - Finance - AXP shares moved higher today to break a triple top at $304 to mark its second consecutive buy signal. This 5 for 5'er has been in a positive trend since November 2023 and on an RS buy signal versus the market since February 2022. AXP shares are trading above the middle of their trading with a weekly overbought/oversold reading of 41%. From here, support is offered at $288. |
| CELH Celsius Holdings, Inc. ($45.39) - Food Beverages/Soap - Shares of CELH completed a bullish catapult at $45 for its second consecutive buy signal. The 4 for 5’er ranks at the top of the food beverage matrix but still trades in negative trend. While the stock is in buy territory, a return to a positive trend would make it a stronger buy. CELH is also nearing the top of its 10-week trading band, so those looking to add might be best suited to wait for some pullback or consolidation. From here, initial resistance lies at $48 with further resistance in the lower $60s, in addition to the bearish resistance line at $53. |
| DXCM Dexcom Inc. ($88.02) - Healthcare - DXCM reversed back into a column of Xs, breaking a quadruple top at $88. The 4 for 5'er moved up from a 1 last month after moving into a positive trend and exhibiting short term relative strength against both the market and its peers. Initial support can be seen at $78, with additional support at $66. |
| FNV Franco-Nevada Corp. ($165.20) - Precious Metals - FNV fell to a sell signal Tuesday when it broke a double bottom at $162. The technical picture for the stock remains moderately positive as FNV is a 3 for 5'er, but ranks in the bottom half of the precious metals sector matrix. From here, support sits at $154, while overhead resistance can be found at $178, FNV's all-time high. |
| HOOD Robinhood Markets, Inc. Class A ($81.78) - Wall Street - HOOD shares moved higher today to break a double top at $80 to mark its sixth consecutive buy signal and reach a new multi-year high. This 5 for 5'er has been in a positive trend since April and on an RS buy signal versus the market since February 2024. HOOD shares are trading in heavily overbought territory above the top of their ten-week trading band. From here, support is offered at $75. |
| NFLX NetFlix Inc. ($1,279.16) - Media - NFLX reached new all-time highs off a double top buy signal, extending what has become quite a productive 2025 for the perfect 5/5'er, now up over 40% YTD. The stock ranks 1st in its sector matrix and places 8 amongst the top 500 Large Cap. While the technical setup remains quite strong , exercise caution at current elevated levels as near overbought conditions persist. Keep an eye on support at $1,184. Earnings are scheduled for 7/16/25. |
| PANW Palo Alto Networks Inc ($201.69) - Software - PANW advanced Tuesday to break a double top at $204, marking a third consecutive buy signal. This 4 for 5'er moved to a positive trend in April and sits in the top half of the favored software sector RS matrix. While the technical picture is favorable and improving, the stock is near overhead resistance at the all-time highs of $208 from earlier this year. Initial support can be seen at $194 with further support down at $180. |
| RCL Royal Caribbean Cruises Ltd. ($281.56) - Leisure - RCL broke a double top at $280 for a fourth consecutive buy signal as shares rallied to $284, a new all-time chart high. The stock is a 5 for 5'er that ranks 2nd (out of 56) within the Leisure sector matrix and is accompanied by a yield north of 1%. This action places the stock in overbought territory so those seeking exposure are best served looking for a pullback to the $260 to lower $270 range before adding. Initial support lies at $256, while additional may be found at $236 and $204. |
| RMD ResMed Inc ($255.95) - Healthcare - RMD inched higher to break a double top at $256, marking its second consecutive buy signal. The 5 for 5'er shifted up from a 4 in April after moving into a positive trend and ranks in the top quintile of the healthcare sector matrix. Long exposure can be considered here, given the weight of the technical evidence. Initial support is at $240, with additional strong support between $200 & $204. |
| TTWO Take-Two Interactive Software, Inc. ($242.95) - Leisure - TTWO broke a double top at $244 for a fourth consecutive buy signal and new all-time chart high. The stock is a 5 for 5'er that ranks within the top quintile of the Leisure sector matrix. Okay to consider here on the breakout or on a pullback to the $230 range. Initial support lies at $224, while additional may be found in the $200 to $220 range. |
| URI United Rentals, Inc. ($742.15) - Machinery and Tools - Shares of URI broke a triple top at $728 for its fourth consecutive buy signal. The 3 for 5’er moved back into a positive trend at the start of May. The stock remains a hold for now, but a return to near-term strength against the market or its peers would bring it into buy territory. From here, initial resistance lies in the upper $700s with further resistance from all-time highs at $880 to $896. Meanwhile, strong support lies at $688 with further support at $648, in addition to the bullish support line around $640. |
| WPM Wheaton Precious Metals Corp ($88.57) - Precious Metals - WPM gave an initial sell signal Tuesday when it broke a double bottom at $87. The outlook for the stock remains positive, however, as WPM is a 5 for 5'er that ranks in the top third of the precious metals sector matrix. From here, WPM shows no additional support on its default chart until $76. |
