Comments include: AFL, AMZN, CAH, CRML, DRI, EL, ERO, GOOGL, MCK, MS, QCOM, SCCO, SPHR, & YUM.
| AFL AFLAC Incorporated ($118.00) - Insurance - AFL shares moved higher today to break a spread quadruple top to hit a new all-time high and mark its third consecutive buy signal. This 4 for 5'er has been in a positive trend since August 2022 and on an RS buy signal versus the market since October 2022. AFL shares are now trading above the top of their trading band, so look for pullbacks before entering. From here, support is offered at $106 and $108. |
| AMZN Amazon.com Inc. ($222.69) - Retailing - AMZN broke a double bottom at $224, ending a series of buy signals that began in April 2025. The stock continues to maintain a 4 technical attribute rating, but the stock has fallen into the bottom half of the Retailing sector matrix. Support lies at current chart levels, while additional can be found in the $212 to $216 range and $200, the bullish support line. |
| CAH Cardinal Health, Inc. ($228.70) - Drugs - CAH reversed back into Xs to complete a double top break at $224, marking its sixth consecutive buy signal and a new intraday all-time high above $228. The 5 for 5'er ranks fifth in the drugs sector matrix. The weekly OBOS indicates that the stock is in overbought territory, so wait for the 10-week trading band to normalize before considering. Initial support is at $208, with additional support $196. |
| CRML Critical Metals Corp. ($10.63) - Metals Non Ferrous - CRML was down more than 18% on Thursday and fell to a negative trend when it broke a double bottom at $12.50. The negative trend change will drop the stock to an unfavorable 2 for 5'er. From here, the next level of support sits at $7. |
| DRI Darden Restaurants, Inc. ($212.79) - Restaurants - DRI broke a double top at $216 for a fourth buy signal since November 2025. The stock has been a 4 for 5'er since moving back into a positive trend in mid-December, and the breakout brings the chart to its highest level since July 2025. Okay to consider on a pullback to upper $190 to mid $200 range. Initial support lies at $196, while additional can be found in the lower $180s. |
| EL Estee Lauder Companies ($96.66) - Household Goods - Shares of EL broke a double bottom at $112 after plummeting on earnings, endings its streak of three consecutive buy signals. Today's move also saw the stock move into a negative trend and lose its near-term market relative strength. Meanwhile, it might lose its near-term peer relative strength. For now, the stocks appear it will be a 3 for 5'er, but further movement could take it down into sell territory as a 2 for 5'er. From here, support lies in the mid $80s. |
| ERO Ero Copper Corp. ($31.54) - Metals Non Ferrous - ERO was down more than 10% following its earnings release on Thursday and gave an initial sell signal when it broke a double bottom at $32. The outlook for the stock remains positive, however, as ERO is a 5 for 5'er that ranks in the top third of the non-ferrous metals sector matrix. From here, the next level of support sits at $28. |
| GOOGL Alphabet Inc. Class A ($330.56) - Internet - GOOGL returned to a sell signal with intraday action on 2/5 as markets digested the firms earnings reported after close on the 4th. Despite the negative development, shares of this perfect 5/5'er rallied throughout the day, actually besting broader domestic equities the the trading day wrapped up. All this to say, the technical picture remains largely constructive at the time of this writing... but it is worth noting that markets are seeing risk-on assets take a bit of a back seat so far in February. This will be a point to watch in the near-term. |
| MCK McKesson Corporation ($969.55) - Drugs - MCK moved higher to complete a double top break at $896, marking a new intraday all-time high above $960. The 5 for 5'er has been on a market RS buy signal since early 2022 and ranks in the top half of the drugs sector matrix. The weekly OBOS indicates that the stock is in overbought territory, so wait for the 10-week trading band to normalize before considering. Initial support is at $792, with additional support at $736. |
| MS Morgan Stanley ($175.98) - Wall Street - MS shares fell today to break a double bottom at $176 to mark its second consecutive sell signal. This 5 for 5'er has been in a positive trend since May 2025 and on an RS buy signal versus the market since June 2013. MS shares are trading near the middle of their ten-week trading band. From here, support is offered at $174. |
| QCOM QUALCOMM Incorporated ($135.34) - Semiconductors - QCOM fell Thursday to break a double bottom at $144 before falling to $134 intraday. This 1 for 5'er moved to a negative trend in January and has now given two consecutive sell signals breaking through all support since last April. The technical picture is weak and deteriorating. The stock is now in a heavily oversold position, highlighting a sell-on-rally opportunity. Overhead resistance may be seen at $152. |
| SCCO Southern Copper Corporation ($189.46) - Metals Non Ferrous - SCCO gave an initial sell signal Thursday when it broke a double bottom at $186. The outlook for the stock remains positive as SCCO is a 5 for 5'er that ranks in the top half of the non-ferrous metals sector matrix. From here, the next level of support sits at $176. |
| SPHR Sphere Entertainment Co. ($88.87) - Leisure - SPHR reversed into Os and broke a spread triple bottom at $90 as shares fell to $88, marking thier lowest level since December 2025. The stock continues to maintian a 5 TA rating as well as in the top quintile of the Leisure sector matrix. Support for the stock now lies at $86 as well as at $81. |
| YUM Yum! Brands, Inc. ($160.28) - Restaurants - YUN broke a double top at $162 for a third buy signal and to match the all-time chart high. YUM has been a 3 for 5'er since moving back into a positive trend in December 2025, and the stock currently ranks within the top half of the Restaurants sector matrix. Okay to consider here on the breakout or on a pullback to the lower $150s. Initial support lies at $150, while additional can be found at $142 and $138. |
