Comments include: ALFT, AXP, CL, CRWV, DAL, DK, GM, GPOR, GS, HSY, ORLA, SNPS, & WFC.
| ALGT Allegiant Travel Company ($101.80) - Aerospace Airline - ALGT reversed into Os and broke a double bottom at $100 for a second sell signal since reaching a near-term peak at $118. The stock continues to maintain a 4 technical attribute rating and ranks within the top decile of the Aerospace Airline sector matrix. From here, prior resistance in the mid-$90s may be seen as near-term support, while additional may be found in the upper to mid $80s. |
| AXP American Express Company ($310.14) - Finance - AXP shares moved lower today to break a double bottom at $316 to mark its fourth consecutive sell signal. This 4 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 trading in heavily oversold territory below the bottom of their ten-week trading band. From here, support is offered at $292. |
| CL Colgate-Palmolive Company ($99.01) - Household Goods - Shares of CL have rallied sharply off their lows, moving up to a 3 for 5'er after flipping its trend back to positive and regaining near-term relative strength. Today's action saw it break a double top at $99 for its second consecutive buy signal. That said, the stock is still more of a hold, and it's trading in overbought territory above the top of its ten week trading band. From here, initial resistance lies at $100. |
| CRWV CoreWeave, Inc. Class A ($78.10) - Computers - CRWV moved to a sell signal Friday before dropping over 20% intraday to a low of $76. This moves the stock to a negative trend and brings it within one box of a reversal down into a column of Os against the market, signifying near-term relative weakness. The weight of the technical evidence is mixed but weakening for this highly volatile security. Further support can be seen at $74, while overhead resistance is not seen until $102. |
| DAL Delta Air Lines Inc. ($65.83) - Aerospace Airline - DAL broke a double bottom at $66 for a second sell signal since peaking at $76 earlier in February. This move will violate the bullish support line, which will drop the stock down to a 3 for 5'er trading in a negative trend. From here, support lies at $65, while additional can be found at $56. |
| DK Delek US Holdings, Inc. ($38.11) - Oil Service - DK returned to a buy signal Friday when it broke a double top at $37. Friday's move adds to an already positive technical outlook as DK is a favorable 4 for 5'er. From here, overhead resistance sits at $40, meanwhile, support sits at $33. |
| GM General Motors ($77.96) - Autos and Parts - GM reversed into Os and broke a double bottom at $78 for a third sell signal since reaching the all-time chart high at $87. The stock continues to maintain a 5 technical attribute rating and ranks within the top quintile of the Autos and Parts sector matrix. Support lies at current price levels, while additional may be found in the upper $60s. |
| GPOR Gulfport Energy Corp ($208.26) - Oil - GPOR returned to a buy signal Friday when it broke a double top at $208. Friday's move adds to a modestly positive technical picture as GPOR is a 3 for 5'er. From here, the next level of overhead resistance sits at $216. Meanwhile, support can be found at $190. |
| GS Goldman Sachs Group, Inc. ($858.06) - Wall Street - GS shares moved lower today to break a triple bottom at $864 to mark its first 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 May 2024. GS shares are trading below the middle of their ten-week trading band. From here, support is offered at $760. |
| HSY The Hershey Company ($236.30) - Food Beverages/Soap - Shares of HSY have had a great past few months, and today's action saw it break a double top at $236 for its fifth consecutive buy signal. Hershey moved back to a positive trend at the end of last year and regained market relative strength earlier in February, bringing it up to buy territory as a 4 for 5'er. The stock is heavily overbought right now, so those looking to add should wait for pullback or consolidation. |
| ORLA Orla Mining Ltd. ($21.47) - Precious Metals - ORLA returned to a buy signal and reached a new all-time high Friday when it broke a double top at $21. Friday's move adds to an already positive technical picture as ORLA is a 5 for 5'er that ranks in the top quintile of the precious metals sector matrix. From here, the first level of support sits at $14.50. |
| SNPS Synopsys Inc ($414.00) - Software - SNPS fell Friday to break a quadruple bottom at $408. This 1 for 5'er moved to a negative trend last September and showed near-term relative weakness against the market earlier this month. The weight of the evidence is negative and weakening. Note that the stock is at support from earlier this month. Further support can be seen at $380. Overhead resistance may be seen initially at $448. |
| WFC Wells Fargo & Company ($80.61) - Banks - WFC shares moved lower today to break a double bottom at $82 to mark its third consecutive sell signal. This 3 for 5'er has been in a negative trend since February but on an RS buy signal versus the market since November 2024. WFC shares are trading near the bottom of their ten-week trading band in heavily oversold territory. From here, support is offered at $77 and $78. |
