Comments include: ALB, BYD, FORM, INTC, & RIOT.
| ALB Albemarle Corp ($186.68) - Chemicals - ALB fell to a sell signal Friday when it broke a double bottom at $188. The outlook for the stock remains positive, however, as ALB is a 5 for 5'er that ranks in the top third of the chemicals sector matrix. From here, the next level of support sits at $184. |
| BYD Boyd Gaming Corp ($83.04) - Gaming - BYD broke a double bottom at $85 to return the stock to a sell signal as shares fell to $81. The move also violates the bullish support line, which will shift the trend to negative and drop the stock down to a 3 for 5'er. Support for the stock now lies at $80, while additional can be found at $77, the lows from March 2026 and October 2025. |
| FORM FormFactor Inc. ($155.85) - Semiconductors - FORM moved higher Friday to break a double top at $154 before reaching another all-time high at $158. This 5 for 5'er moved to a positive trend in September 2025 and sits near the top of the favored semiconductors sector RS matrix. The weight of the technical evidence is favorable and improving, however, FORM is heavily overbought. Initial support can be seen at $142 and $126. Note that earnings are expected on 4/29. |
| INTC Intel Corporation ($81.08) - Semiconductors - INTC moved higher Friday after the company's earnings release, breaking a double top at $71 before reaching a new all-time high at $85 intraday. The previous ATH had held since 2000. This 5 for 5'er moved to a positive trend earlier this month and sits in the top quartile of the favored semiconductors sector RS matrix. The weight of the technical evidence is favorable and continues to improve. However, INTC is now in a heavily overbought position. Initial support can be seen at $65 with further support not seen until $43, the current location of the bullish support line. |
| RIOT Riot Platforms Inc. ($18.79) - Software - RIOT rose Friday to break a double top at $19, marking a second consecutive buy signal. This 5 for 5'er moved to a positive trend earlier this month and sits in the top decile of the favored semiconductors sector RS matrix. The weight of the technical evidence is favorable and continues to improve. However, RIOT is nearing overbought territory and at resistance from January. Potential longs can ease into positions here. Initial support can be seen at $16.50. |
