Nasdaq Dorsey Wright

Comments include: CBRL, EHC, & LBRT.

CBRL Cracker Barrel Old Country Store, Inc. ($53.81) - Restaurants - CBRL broke a double bottom at $53 for a second sell signal as shares fell to $51, marking their lowest level since May. The move also violates the bullish support line, which following the reversal into Os on the market RS chart on 8/4, drops the stock down to a 3 for 5'er trading in a negative trend. From here, support for CBRL isn't found on the default chart until $40, while additional may be found in the mid $30s.

EHC Encompass Health Corp. ($123.72) - Healthcare - ECH inched higher to break a double top at $124, marking its fourth consecutive buy signal and a new all-time high. The 5 for 5'er gained two points in April after moving to a positive trend and moving to a RS buy signal against the market. Additionally, the stock ranks in the top quintile of the healthcare sector matrix. Long exposure can be made here. Initial support is at $106, with additional support at $95.

LBRT Liberty Energy Inc. ($10.62) - Oil Service - LBRT fell to a sell signal Thursday when it broke a triple bottom at $10.50. The move adds evidence to an already weak technical picture as LBRT is a 0 for 5'er that ranks 64th of 66 names in the oil service sector matrix. From here, the next level of support on LBRT's chart sits at $9.50, the multi-year low it hit in April.

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