Analyst Observations | Nasdaq Dorsey Wright

Comments include: BA, GS, MRVL, & SNX.

BA The Boeing Company ($207.32) - Aerospace Airline - BA returned to a buy signal with intraday action to open up Q2. Despite this, the name remains a poor attribute stock at the time of this writing. With that in mind, continue to limit exposure where possible. Support is found at the bottom of the trading band at $188. Resistance is seen first at the 2025 highs around $250.

GS Goldman Sachs Group, Inc. ($860.55) - Wall Street - GS shares moved higher today to break a double top at $864 to mark its first buy 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 actionable at current levels with a weekly overbought/oversold reading of -26%. From here, support is offered at $800 and $784.

MRVL Marvell Technology Inc. ($106.71) - Semiconductors - MRVL rose Wednesday to break a double top at $102 before reaching $106 intraday. This 4 for 5'er moved to a positive trend in March and sits in the top half of the semiconductors sector RS matrix. The weight of the technical evidence is favorable and improving. However, MRVL is in overbought territory. Initial support is seen at $87 and $86.

SNX TD SYNNEX Corporation ($186.29) - Computers - SNX pushed higher Wednesday to break a double top at $166, marking a second consecutive buy signal before climbing over 10% intraday to a new all-time high at $186. The stock also saw weekly momentum recently flip positive, suggesting the potential for further upside from here. However, SNX is now in a heavily overbought position. Exposure may best be served waiting for a pullback or normalization in the trading band. Initial support is seen at $150.

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