Analyst Observations
Published: February 24, 2026
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Comments include: B, EXEL, GEV, KDP, TER, & WLK.

 

B Barrick Mining Corporation ($50.07) - Precious Metals - After giving two consecutive sell signals B returned to a buy signal Tuesday with a double top break at $50. Tuesday's move adds evidence to an already positive outlook as B is a 4 for 5'er that ranks in the top half of the precious metals sector matrix. From here, the next level of overhead resistance sits at $54, B's multi-year high.
EXEL Exelixis, Inc. ($45.05) - Biomedics/Genetics - EXEL inched higher to complete a double top break at $45. The 5 for 5'er ranks in the top half of the biomedics/genetics sector matrix. Long exposure can be made here given the weight of the evidence. Strong support can be seen at $41, with additional support at $36. Resistance can be seen between $46-$47.
GEV GE Vernova Inc. ($874.69) - Utilities/Electricity - GEV broke a double top at $848 for a fourth buy signal since the end of January as shares rallied to $864, marking a new all-time chart high. The stock has been a 5 for 5'er since December 2025 and currently ranks within the top decile of the Electric Utilities sector matrix. This breakout places the stock in overbought territory, so those seeking to initiate expsoure are best served by looking for a pullback to the lower $800s before considering. Initial support lies at $792, while additional can be found at $720.
KDP Keurig Dr Pepper Inc. ($30.93) - Food Beverages/Soap - Shares of KDP broke a double top at $31 for its first buy signal since 2024. However, the stock is now trading in heavily overbought territory near the top of its ten week trading band. Additionally, the 1 for 5'er continues to lack relative strength versus the market and its peers, keeping it in sell territory for the time being. From here, resistance lies at $36 then $38.
TER Teradyne, Inc. ($329.09) - Semiconductors - TER moved higher Tuesday to break a triple top at $328 before reaching a new all-time high at $332 intraday. This 5 for 5'er is already up over 65% so far in 2026, and is now in a heavily overbought position. The weight of the technical evidence is favorable, however, those looking to add exposure may be best served waiting for a pullback or normalization in the trading band. Initial support can be seen from $312 to $300, with further support seen down at $264.
WLK Westlake Corp. ($104.51) - Chemicals - WLK was up more than 12% following its earnings release on Tuesday and returned to a buy signal when it broke a triple top at $102; WLK continued higher to $106, marking a new 52-week high. The return to a buy signal adds to a moderately positive technical picture as WLK is a 3 for 5'er that ranks in the top third of the chemicals sector matrix. From here, support can be found at $92.
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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
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