Comments include: DD, DINO, FDX, FROG, MA, PCAR, PHM, & WLK.
| DD DuPont de Nemours Inc. ($77.27) - Chemicals - DD returned to a buy signal Friday when it broke a double top at $76. The move adds to a moderately positive technical picture as DD is a 3 for 5'er that ranks in the top half of the chemicals sector matrix. From here, the next level of overhead resistance sits at $78. |
| DINO HF Sinclair Corporation ($48.14) - Oil Service - DINO gave a second consecutive buy signal and returned to a positive trend for the first time since May 2024 on Friday when it broke a double top at $47. The positive trend change will elevate the stock to an acceptable 3 for 5'er. From here, overhead resistance sits at $49, while support can now be found at $43. |
| FDX FedEx Corporation ($236.57) - Aerospace Airline - FDX moved back into a positive trend today, but lets not be tricked. The stock is still a weak attribute stock and has plenty of resistance in the low $240's. With that said, continue to avoid the stock as it is down nearly 20% this year. |
| FROG JFrog Ltd. ($47.18) - Software - FROG pushed higher Friday to break a double top at $47, notching a second consecutive buy signal. This stock has a 5 for 5 TA rating and sits in the top quintile of the software sector RS matrix. The technical picture is strong and continues to improve. Initial support can be seen at $41 and $38. Note that overhead resistance may be seen at $48. |
| MA Mastercard Incorporated Class A ($598.96) - Finance - MA inched higher to break a double top at $600, marking its second consecutive buy signal and a new all-time high. The 5 for 5'er has been on a market RS buy signal since 2011 and ranks in the top third of the finance sector matrix. Long exposure can be made here. Initial support is at $528, with additional support at $488. |
| PCAR PACCAR Inc. ($101.78) - Autos and Parts - PCAR reversed into Xs and broke a double top at $102 to complete a bullish triangle and mark a third consecutive buy signal. The stock is a 3 for 5'er that maintains long-term RS versus the market and its peer group. Okay to consider here on the breakout. Initial support lies in the mid $90s, while additional can be found at $93 and $91. |
| PHM PulteGroup, Inc. ($132.24) - Building - PHM reversed into Xs and broke a double top at $132 for a sixth consecutive buy signal. The stock is a 4 for 5'er that ranks within the top third of the Buidling sector matrix. Okay to consider on a pullback to the mid $120s. Initial support lies at $124, while additional can be found at $112 and $108. |
| WLK Westlake Corp. ($90.60) - Chemicals - WLK was up more than 9% on Friday and returned to a buy signal and a positive trend when it broke a spread quadruple top at $87. The positive trend change will promote WLK to a still unfavorable 2 for 5'er and the stock ranks in the bottom third of the chemicals sector matrix. From here, the next level of resistance sits at $94, while support can now be found at $81. |
