
Comments include: CRWV, HCA, & NYT.
CRWV CoreWeave, Inc. Class A ($137.01) - Computers - CRWV moved higher Tuesday to break a double top at $140 before reaching $142 intraday. This 3 for 5'er moved to a positive trend in May but still sits on a sell signal against the market and its peers, highlighting the mixed technical picture. Still, Tuesday's improvement is a positive sign in the near-term. Initial support can be seen at $120. Further overhead resistance may be seen initially at $148. |
HCA HCA Healthcare Inc. ($428.92) - Healthcare - HCA inched higher to break a double top at $424, marking its second consecutive buy signal and a new all-time high. The 5 for 5'er reversed back into a positive trend last month. Additionally, the stock ranks in the top quartile of the healthcare sector matrix. Long exposure can be made here. Initial support is at $388, with additional support at $332. |
NYT The New York Times Company ($57.36) - Media - Despite the sell signal today, NYT moves to a possible point of support on its default chart. $57 marks the middle of the trading band and old resistance from this summer, as well as highs from both 2021 and 2024. With that in mind, those looking for focused exposure to more traditional communication services names could look to take advantage of an attractive risk/reward profile. Towards the downside, watch the bullish support line at $52. |