Comments include: AAPL, DRI, LLY, SCCO, TSLA, & TTWO.
| AAPL Apple Inc. ($266.43) - Computers - AAPL moved higher Wednesday to break a double top at $264. This stock has a 5 for 5 TA rating and sits in the top half of the computers sector RS matrix. The stock has been on an RS buy signal against the market since 2004 and maintained a positive trend since last July. The weight of the technical evidence is positive and improving again. Initial support can be seen at $248 with further support at $244. |
| DRI Darden Restaurants, Inc. ($202.09) - Restaurants - DRI broke a triple top at $200 to return the stock to a buy signal and penetrate the bearish resistance line, shifting the trend back to positive. The trend change will increase the stock to a 4 for 5'er that maintains positive long-term RS versus the market and its peer group. From here, resistance lies at $208 and $220, the February 2026 rally high. Initial support lies at $188, the bullish support line, as well as at $184. |
| LLY Eli Lilly and Company ($903.93) - Drugs - LLY inched lower to complete a bearish triangle at $896, marking its second consecutive sell signal. The 2 for 5'er moved down from a 4 at the start of this month, after reversing back into Os against and its peers and moving back into a negative trend. Additionally, the stock ranks in the bottom half of the drugs sector matrix. A sell can be made here. Initial strong resistance is between $960-$976, with additional strong resistance at $1056. |
| SCCO Southern Copper Corporation ($189.80) - Metals Non Ferrous - SCCO fell to a sell signal Wednesday when it broke a double bottom at $188. The outlook for the stock remains positive, however, as SCCO is a 5 for 5'er. From here, the next level of support sits at $172. |
| TSLA Tesla Inc. ($390.31) - Autos and Parts - TSLA broke a double top at $368 to complete a bearish signal reversal pattern as shares rallied to $392. The move not only returns the stock to a buy signal but flips the trend back to positive, increasing the stock up to a 3 for 5'er. Whille maintaining long-term RS buy signals, the stock continues to show negative near-term RS against the market and its peer group. From here, the next level of notable resistance lies at $416 on the chart. Initial support lies at $340, the bullish support line. |
| TTWO Take-Two Interactive Software, Inc. ($213.23) - Leisure - TTWO broke a double top at $208 for a third buy signal as shares rallied to $212. This breakout follows the stock shifting the trend back to positive during trading last week, increasing the stock up to a 3 for 5'er. TTWO maintains positive long-term RS buy signal, but continues to maintained negative near-term RS against the market and its peer group. From here, the next notable levels of resistance lies at $220 and $228. Initial support lies in the mid $190s, while additional can be found at $188. |
