Comments include: APD, BSX, CAT, CVX, JPM, LSCC, OXY, TSM, U, & VIST.
| APD Air Products & Chemicals, Inc. ($265.39) - Chemicals - APD gave an initial buy signal Tuesday when it broke a triple top at $268. The technical picture for the stock remains negative, however, as APD is a 1 for 5'er and ranks in the bottom quintile of the chemicals sector matrix. From here, the next level of overhead resistance is APD's bearish resistance line at $268. |
| BSX Boston Scientific Corporation ($93.36) - Healthcare - BSX moved lower to break a double bottom at $93. The 3 for 5'er shifted down from a 5 last month after reversing back into Os against the market and against its peers. Additionally, the stock ranks in the bottom half of the healthcare sector matrix. BSX is currently trading right above the bullish support line. If the stock crosses below, the stock would reverse into a negative trend and bring its TA score down to a 2. For now, the stock is still rated a hold but keep an eye out for any further technical deterioration. Initial strong support is at $91. Strong resistance can be seen at $100 and $104. |
| CAT Caterpillar, Inc. ($638.32) - Machinery and Tools - CAT continues to improve, posting a triple top buy signal with action on 1/13. Up over 10% already in 2026, many of you feel like you may e a touch late to the game to enter into this perfect 5/5'er. Despite this, the stock sits just on the verge of heavily overbought territory.... and remains close enough to actionable territory that aggressive holders could look to add around current levels. Old resistance acted as new support at/around the $600 mark, offering a localized point for bulls to defend in the even of pullbacks. |
| CVX Chevron Corporation ($163.87) - Oil - CVX gave a second consecutive buy signal Tuesday when it broke a double top at $166. The move adds to a modestly positive technical picture as CVX Is a 3 for 5'er and ranks in the top half of the oil sector matrix, From here, the next level of resistance, which dates to March 2025, sits at $168. |
| JPM J.P. Morgan Chase & Co. ($311.57) - Banks - JPM shares moved lower by roughly 4% after announcing earnings this morning. However, the stock remains on two consecutive buy signals on its trend chart and rated as a strong buy with all five technical attributes in its favor. JPM shares are trading in actionable territory at the middle of their ten-week trading band. There are multiple support levels offered from $284 up to $300. |
| LSCC Lattice Semiconductor Corp ($87.98) - Semiconductors - :LSCC rose Tuesday to break a double top at $86 before reaching a new 52-week high at $88 intraday. This 4 for 5'er moved to a positive trend in November and sits in the top half of the favored semiconductors sector RS matrix. The weight of the technical evidence is favorable and continues to improve. Initial support can be seen at $82 with further support seen at $74. Note that LSCC is moving into overbought territory with this breakout. Earnings are expected on 2/9. |
| OXY Occidental Petroleum Corporation ($43.39) - Oil - OXY gave an initial buy signal Tuesday when it broke a double top at $44. The outlook for the stock remains negative, however, as OXY is a unfavorable 1 for 5'er and ranks in the bottom half of the oil sector matrix. |
| TSM Taiwan Semiconductor Manufacturing Co. (Taiwan) ADR ($331.92) - Semiconductors - TSM advanced Tuesday to break a double top at $336, notching a third consecutive buy signal and a new all-time high. This 5 for 5'er moved to a positive trend in May and sits in the top half of the favored semiconductors sector RS matrix. The weight of the technical evidence is favorable and continues to improve. Initial support is seen at $320. Note that earnings are expected on 1/15. |
| U Unity Software, Inc. ($45.86) - Software - U pushed higher on Tuesday to break a double top at $48, notching a second consecutive buy signal. This 5 for 5'er moved to a positive trend in November and sits in the top decile of the software sector RS matrix. The weight of the technical evidence is favorable and improving. Initial support is seen at $44 with further support seen at $41, the current location of the bullish support line. Note that overhead resistance may be seen at $52. |
| VIST Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR Class A ($49.71) - Oil - After giving two consecutive sell signals, VIST returned to a buy signal Tuesday when it broke a double top at $50, where it now sits against its bearish resistance line. The outlook for VIST remains negative as the stock is a 1 for 5'er. |
