Comments include: AA, BOOT, COF, CVE, HCC, INTC, MS, SCCO, & WFRD.
| AA Alcoa Inc. ($61.92) - Metals Non Ferrous - AA gave an initial sell signal Friday when it broke a double bottom at $59 and continued lower taking out additional support at $58. The long-term picture AA remains positive as the stock is a 4 for 5'er that ranks first of 21 names in the metals non ferrous sector matrix. However, despite Friday's pullback AA remains in heavily overbought territory and shows no support on default chart until its bullish support line at $39. |
| BOOT Boot Barn Holdings Inc ($183.09) - Retailing - BOOT reversed into Os and broke a doubel bottom at $184 for second sell signal since rallying to $200 for a third time this month. This move violates the bullish support line, which will drop the stock down to 4 for 5'er, while the stock has fallen below the top third of the Retailing sector matrix. Support for the stock now lies at $176 and $170. |
| COF Capital One Financial Corporation ($218.61) - Finance - COF shares moved lower today to break a double bottom at $224 to mark its first sell signal. This 5 for 5'er has been in a positive trend since April 2025 and on an RS buy signal versus the market since December 2020. COF shares are trading below the middle of their ten-week trading band. From here, support is offered at $200. |
| CVE Cenovus Energy Inc. ($18.77) - Oil - CVE completed a shakeout pattern Friday when it broke a triple top at $19. The move adds to modestly positive technical picture as CVE is a 3 for 5'er and ranks in the top quartile of the oil sector matrix. From here, initial support sits at $19, while overhead resistance can be found at $21. |
| HCC Warrior Met Coal Inc ($98.12) - Oil - HCC gave an initial sell signal Friday when it broke a double bottom at $97. The technical picture for the stock remains strong, however, as HCC is a 5 for 5'er that ranks second of 55 names in the oil sector matrix. From here, the next level of support sits at $90. |
| INTC Intel Corporation ($44.72) - Semiconductors - INTC fell Friday after the company's earnings release. This ends a streak of four consecutive buy signals. The stock still has a 5 for 5 TA rating and sits well above the positive trend line. The long-term technical picture remains strong despite this near-term weakness. Initial support is seen at $41 with further support at $39. |
| MS Morgan Stanley ($179.18) - Wall Street - MS shares moved lower today to break a double bottom at $178 to mark its first sell signal. This 5 for 5'er has been in a positive trend since May and on an RS buy signal versus the market since June 2013. MS shares are trading near the middle of their trading band with a weekly overbought/oversold reading of 33%. From here, support is offered at $174. |
| SCCO Southern Copper Corporation ($182.90) - Metals Non Ferrous - SCCO gave an initial sell signal Friday when it broke a double bottom at $176 but finished the day up more than 3.5%. The technical outlook for the stock remains decidedly positive, however, as SCCO is a 5 for 5'er that ranks near the middle of the metals non ferrous sector matrix. From here, the next level of support on SCCO's chart sits at $152. |
| WFRD Weatherford International Plc ($89.93) - Oil Service - WFRD returned to a buy signal Friday when it broke a double top at $91, and continued higher to $93, marking a new 52-week high for the stock. WFRD is a 4 for 5'er and ranks in the top decile of the oil service sector matrix. From here, initial support sits at $83. |
