Comments Include: CASY, CC, CRS, FUL, GM, LYB, MPC, NVDA, PSTG, TDW, URBN
| CASY Casey's General Stores Inc ($581.15) - Retailing - Shares of CASY broke a quadruple top at $576 for its first buy signal since September while also setting new all-time highs. The 5 for 5'er has traded in a positive trend since March of 2025 and remains an attractive option at its current position. Initial support lies at $536 and then $504 to $496. |
| CC The Chemours Company ($13.83) - Chemicals - CC gave an initial buy signal Thursday when it broke a double top at $13.50. The outlook for the stock remains negative, however, as CC is a 0 for 5'er and ranks in the bottom quintile of the chemicals sector matrix. From here, the first level of support sits at $10.50. |
| CRS Carpenter Technology Corporation ($317.87) - Steel/Iron - After completing three consecutive buy signals, CRS fell to a sell signal Thursday when it broke a triple bottom at $312. The outlook for the stock remains decidedly positive, however, as CRS is a 5 for 5'er that first out of 14 names in the steel/iron sector matrix. From here, the next level of support sits at $296. |
| FUL H.B. Fuller Company ($63.40) - Chemicals - FUL returned to a buy signal and a positive trend Thursday when it broke a double top at $63, where it now sits against resistance. The outlook for the stock remains negative as even with the positive trend change FUL is an unfavorable 2 for 5'er. From here, the first level of support sits at $56. |
| GM General Motors ($84.53) - Autos and Parts - GM broke a double top at $84 for a seventh buy signal since April 2025 and to mark a new all-time chart high. The stock has been a 5 for 5'er since October 2025 and currently ranks within the top decile of the Autos and Parts sector matrix. Look for consolidation in the lower $80s along with a normalization of the 10-week trading band before initiating exposure. Inital support lies at $80, while additional can be found in the $67 to $68 range. |
| LYB LyondellBasell Industries NV ($48.13) - Chemicals - LYB was up 7% on Thursday and returned to a buy signal when it broke a double top at $47. The technical picture for the stock remains negative, however, as LYB is a 0 for 5'er and ranks in the bottom decile of the chemicals sector matrix. From here, overhead resistance sits at $49. Meanwhile, support can be found at $43. |
| MPC Marathon Petroleum Corp. ($178.00) - Oil Service - MPC returned to a buy signal Thursday with a double top break at $178. TROX is an unfavorable 2 for 5'er and ranks in the bottom half of the oil service sector matrix. From here, support sits at $170, while the next level of overhead resistance, MPS's bearish resistance line, sits at $192. |
| NVDA NVIDIA Corporation ($184.31) - Semiconductors - NVDA moved lower Thursday to break a double bottom at $184. This sets up a potential shakeout pattern that would occur with a buy point on a reversal back up into Xs at $190. NVDA still has a strong 4 for 5 TA rating, is trading in a positive trend, and has maintained an RS buy signal against the market since early 2023. The pattern would be negated with a move to the next support level at $172. The pattern would be completed with a potential triple top at $194. |
| PSTG Pure Storage ($65.37) - Computers - PSTG declined Thursday to break a double bottom at $65, marking a fourth consecutive sell signal. This 2 for 5'er moved sharply lower last month, falling into a negative trend, and sits in the bottom quartile of the computers sector RS matrix. The weight of the technical evidence is weak and deteriorating. Avoid long exposure. Further support is not seen until $55. Overhead resistance may be seen Initially at $70. |
| TDW Tidewater Inc ($56.54) - Oil Service - TDW gave an initial buy signal Thursday when it broke a double top at $56 and continued higher to $57, where it now sits against its bearish resistance line. The stock remains an unfavorable 2 for 5'er, however, as move to $58 would flip it to a positive trend and elevate it to an acceptable 3 for 5'er. |
| URBN Urban Outfitters, Inc. ($83.53) - Retailing - URBN broke a double top at $84 for a third buy signal since November and to mark a new all-time chart high. The stock is a 5 for 5'er that ranks within the top half of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the upper $70s. Initial support lies at $74, while additional can be found at $66, the bullish support line. |
