Comments include: ADBE, AXP, BIDU, BUD, GOOGL, IDR, PAAS, URBN, WMT, & WSM.
| ADBE Adobe Systems Incorporated ($328.67) - Software - ADBE fell Monday to break a double bottom at $324, moving to a negative trend. This demotes ADBE to a 0 for 5 TA rating. Long exposure should be avoided. Further support may be seen at $312. Overhead resistance may be seen at $340. |
| AXP American Express Company ($358.93) - Finance - AXP shares moved lower today to break a double bottom at $364 to mark its first sell signal. A reversal back into Xs from here would generate a shakeout pattern as AXP left a double top at all-time highs. This 5 for 5'er has been in a positive trend since November 2023 and on an RS buy signal versus the market since February 2022. AXP shares are actionable at current levels and are trading slightly below the mid-point of their trading band. From here, support is offered at $336. |
| BIDU Baidu, Inc. (China) ADR ($152.37) - Internet - BIDU pushed higher Monday to break a triple top at $152, completing a shakeout pattern. This 5 for 5'er moved to a positive trend in August and has been on an RS buy signal against the market since September. The stock also sits near the top of the internet sector RS matrix. The weight of the technical evidence is favorable, however, BIDU is nearing overbought territory. Initial support is seen at $142. |
| BUD Anheuser-Busch InBev NV (Belgium) ADR ($66.74) - Food Beverages/Soap - Shares of BUD broke a double top at $66 for its second consecutive sell signal. The 3 for 5'er continues to trade in a somewhat rangebound pattern. Given the stock's lack of market relative strength, it remains a hold for a time being. From here, resistance lies at $70 then $72. |
| GOOGL Alphabet Inc. Class A ($331.86) - Internet - GOOGL's first signal of2026 was a buy signal as the perfect 5/5'er set new all time highs on its default chart. The technical picture is strong and continues to improve. |
| IDR Idaho Strategic Resources Inc ($45.05) - Precious Metals - IDR was down more than 7.5% Monday despite a broad rally elsewhere in precious metals. IDR gave an initial sell signal when it broke a double bottom at $45. The outlook for the stock remains positive as IDR is a 4 for 5'er and ranks in the top quintile of the precious metals sector matrix. From here, the next level of support sits at $45. |
| PAAS Pan American Silver Corp ($55.65) - Precious Metals - PAAS gave a fifth consecutive buy signal and reached a new all-time high when it broke a triple top at $56. Monday's move adds to an already positive technical picture as PAAS is a 4 for 5'er that ranks near the middle of the favored previous metals sector matrix. Monday's move has pushed PAAS into heavily overbought territory with a weekly overbought/oversold (OBOS) reading approaching 80%. From here, the first level of support sits at $52. |
| URBN Urban Outfitters, Inc. ($75.06) - Retailing - URBN broke a quadruple bottom at $73 to return to a sell signal as shares fell down to $71. The stock continues to maintain a 5 TA rating and ranks within the top half of the Retailing sector matrix. From here, the bullish support line resides at $67, while additional can be found at $60, the November 2025 chart low. |
| WMT Walmart Inc. ($118.67) - Retailing - WMT reversed into Xs and broke a double top at $118 for a second buy signal since November 2025. The stock has been a 4 for 5'er since July 2025 and the stock currently ranks within the top third of the Retailing sector matrix. Okay to consider WMT in the $110 to $115 range. Initial support lies at $110, while additional can be found at $99. |
| WSM Williams-Sonoma, Inc. ($204.10) - Retailing - WSM broke a double top at $204 to complete a bullish catapult and bring the stock to its highest chart level since September 2025. The stock has improved to a 4 for 5'er after moving back into a positive trend during last week's trading. Okay to consider here on the breakout. Note resistance lies at current chart levels, and a move to $208 would mark the highest chart level since early 2025. Initial support lies at $194, while additional can be found at $190 and $188, the bullish support line. |
