Comments include: DELL, EMN, FDX, GOLF, SMCI, and VST.
| DELL Dell Technologies Inc Class C ($163.12) - Computers - DELL advanced Friday to break a double top at $158, notching a second consecutive buy signal before reaching $168 intraday. This 5 for 5'er moved back to a positive trend last month and sits in the top quintile of the computers sector RS matrix. The weight of the technical evidence is favorable and improving. However, DELL is now in overbought territory and at resistance from last November. Those looking for long exposure may consider waiting for a pullback or normalization of the trading band. Initial support can be seen at $148 and $138. |
| EMN Eastman Chemical Company ($65.33) - Chemicals - EMN returned to a sell signal Friday when it broke a triple bottom at $65. The move adds to an already weak technical picture as EMN is a 1 for 5'er and ranks in the bottom half of the chemicals sector matrix. |
| FDX FedEx Corporation ($358.33) - Aerospace Airline - FDX broke higher today, returning to a buy signal on its default chart on strong earnings. With the move, intraday action as high as $380 leaves the name without resistance until all-time highs from February. Throughout the day, markets drifted lower leaving the 4/5'er likely to reverse back into O's on market open on Monday. Despite this, the technical picture for the name is still quite strong... but there does appear to be a fair bit of market risk involved as domestic equities seem to be rolling over a bit... at least in the near term. |
| GOLF Acushnet Holdings Corp ($89.65) - Leisure - GOLF broke a double bottom at $91 to complete a bearish traingle for a third sell signal as shares fell to $90. The move violates the bullish support line, which will drop the stock down to a 4 for 5'er trading in a negative trend. Support lies at current levels, while additional lies at $80 and in the upper $70 range. |
| SMCI Super Micro Computer, Inc. ($21.16) - Computers - SMCI fell Friday to break a sextuple bottom at $29 before dropping over 30% intraday to a multi-year low of $22. This 1 for 5'er has been in a negative trend since last October and moved to an RS sell signal in November. The weight of the technical evidence is weak and deteriorating. Avoid long exposure. Those with current positions should note the stock is in a heavily oversold position, increasing the potential for a sell-on-rally opportunity. Overhead resistance may be seen at $33. |
| VST Vistra Corp ($151.71) - Utilities/Electricity - VST broke a triple bottom at $154 to return to a sell signal as share fell $152, violating the bullish support line. This marks the ninth trend chart on the point and figure chart since late 2025 and brings the stock down to levels not seen since early February. With the trendline violation, VST will drop down to a 3 technical attribute stock. Support for the stock now lies at $140, the February chart low. |
