Comments include: ASML, AVAV, CAKE, CENX, CVNA, HD, LYV, PLTR, ROL, SCCO, & VRT.
| ASML ASML Holding NV ADR ($1,587.19) - Semiconductors - Shares of ASML pushed higher on Wednesday to break a double top at $1,600 for its second consecutive buy signal. Despite the absolute strength of the stock, ASML has lagged its semiconductor peers in recent weeks, losing near- and long-term relative strength versus its peer index. The 3 for 5'er currently sits at the very bottom of the semiconductor matrix and remains a hold until it demonstrates further relative improvement. |
| AVAV Aerovironment, Inc. ($160.39) - Aerospace Airline - Another day, another bad break for AVAV. Those following the technical attribute scoring system have been rewarded during this years decline, as the 0/5'er is off more than 30% so far this year. Let's continue to avoid, taking opportunities to trim as we get bounces back up to the middle of the trading band at $208. |
| CAKE The Cheesecake Factory Incorporated ($56.77) - Restaurants - CAKE broke a double bottom at $58 for a third sell signal as shares fell to $57. The move also violates the bullish support line, dropping the stock down to a 4 for 5'er trading in a negative trend. From here, support lies at $53, the March 2026 chart low, while additional resides in the lower $40s. |
| CENX Century Aluminum Co ($63.11) - Metals Non Ferrous - CENX returned to a buy signal Wednesday when it broke a triple top at $64. Wednesday's move adds to an already positive technical picture as CENX is a 4 for 5'er and ranks in the top third of the non-ferrous metals sector matrix. From here, support can be found at $58 while overhead resistance can be found at $66 and $68. |
| CVNA Carvana Company ($69.77) - Autos and Parts - CVNA broke a double bottom at $73 to complete a bearish catapult pattern as shares fell to $69. The break tests the stock's bullish support line on the trend chart and brings the market RS chart to within one box of reversing into Os, leaving two potential technical attributes at risk. Beyond the bullish support line at $68, additional support lies at $64 and $60. |
| HD Home Depot, Inc. ($302.99) - Building - HD broke a double bottom at $308 for a second sell signal as shares fell to $300, marking the lowest chart level since November 2023. HD has been a 0 for 5'er since March of this year and currently ranks within the bottom quartile of the Building sector matrix. Continue to avoid long exposure. |
| LYV Live Nation Entertainment Inc. ($169.61) - Leisure - LYV broke a spread quintuple top at $170 to clear resistance that dated back to September 2025 and count as a second buy signal. The stock is a 4 for 5'er that ranks within the top half of the Leisure sector matrix. Okay to consider here on the breakout or on a pullback to the lwoer $160s. Initial support lies at $160, while the bullish support line sits at $156. |
| PLTR Palantir Technologies Inc. Class A ($129.03) - Software - Shares of PLTR broke a double bottom at $130 for its third consecutive sell signal. The stock has declined consistently over the last several months, falling to an unacceptable 2 for 5'er in May while trading in a negative trend. Those with positions could look to cut the stock loose here, but could also wait for some rebound given how volatile it can be. Initial support lies at $124, with previous support at $128 also potentially in play. |
| ROL Rollins, Inc. ($52.68) - Business Products - ROL completed a double bottom at $52, marking its third consecutive sell signal. The 2 for 5'er moved down from a 3 after reversing back into Os against its peers. Additionally, the stock ranks in the bottom half of the business products sector matrix. A sell can be considered here. Initial resistance is at $57, with additional resistance at $61. |
| SCCO Southern Copper Corporation ($192.50) - Metals Non Ferrous - SCCO returned to a buy signal and a positive trend Wednesday when it broke a double top at $194. The positive trend change will promote SCCO to an acceptable 3 for 5'er. From here, the next level of overhead resistance sits at $196, while support can be found at $180. |
| VRT Vertiv Holdings LLC ($372.04) - Computers - Shares of VRT pushed to all-time highs on Wednesday for its third consecutive buy signal. The 5 for 5'er has put together an incredibly strong start to the year, and is currently ranked within the top 20 of the top 500 large cap matrix. However, those looking to buy should wait for consolidation or pullback to the lower $300s given that the stock currently trades in heavily overbought territory. Initial support lies at $352 and $340 with additional support found at $296. |
