Nasdaq Dorsey Wright

Comments include: ADC, MAR, & NFLX.

ADC Agree Realty Corporation ($74.91) - Real Estate - Shares of ADC broke a double top at $76 to move back to a buy signal. The stock also moved back to a positive trend, bringing it up to a 3 for 5'er. The stock is acceptable to hold but lacks relative strength versus the market. From here, resistance lies at $76 and $79.

MAR Marriott International, Inc. ($272.86) - Leisure - MAR broke a triple top at $276 for a third buy signal since April. The stock has been a 5 for 5'er since May and has maintained long-term market RS since November 2020. Okay to consider here on the breakout. Note resistance in the low to mid $280 range. Support lies in the $256 to $260 range, while additional can be found at $216 and $208.

NFLX NetFlix Inc. ($1,119.12) - Media - NFLX fell today on the back of earnings, slipping as much as 10% on the day. With that said, the stock returned to a sell signal on its default chart, now sitting near support around $1,104. It does, however, remain a high attribute name... but hold off on adding more for the time being. Further downside would leave us without traditional support until the ~$900 mark, so the risk/reward profile isn't attractive for now. Keep an eye on a reversal back into X's around $1,168.

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