Comments include: ALB, ETSY, FANG, LUV, OXY, RL, & URBN.
| ALB Albemarle Corp ($172.72) - Chemicals - ALB gave an initial buy signal Friday when it broke a double top at $174. The outlook for the stock remains negative, however, as ALB is a 1 for 5'er that ranks near the bottom of the chemicals sector matrix. From here, the next level of overhead resistance sits at $180. |
| ETSY Etsy Inc ($69.46) - Retailing - ETSY broke a spread triple top at $71 for a second buy signal and to mark the highest chart level since October 2025. ETSY has been a 3 for 5'er since April and maintains a positive trend while also ranking within the top decile of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the upper $60s. Note resistance in the mid $70s. Initial support lies at $66, while the bullish support line sits at $57. |
| FANG Diamondback Energy Inc ($192.87) - Oil - FANG gave a third consecutive sell signal and fell to a negative trend Friday when it broke a double bottom at $190, where it now sits against support. The negative trend change will drop FANG to an unfavorable 2 for 5'er. From here, overhead resistance can be found at $200. |
| LUV Southwest Airlines Co. ($45.20) - Aerospace Airline - LUV broke a spread quadruple top at $45 for a second buy signal and to penetrate the bearish resistance line. This will shift the trend back to positive and increase the stock to a 3 for 5'er that rank within the top half of the Aerospace Airline sector matrix. Okay to consider here on the breakout. Note the stock's February chart high at $55. Initial support lies at in the $40 to $41 range, while additional can be found in the upper to mid $30s. |
| OXY Occidental Petroleum Corporation ($56.74) - Oil - OXY fell to a sell signal and a negative trend Friday when it broke a double bottom at $55. The negative trend change will drop OXY to an unfavorable 2 for 5'er. From here, the next level of support on OXY's chart sits at $53. |
| RL Ralph Lauren ($403.85) - Textiles/Apparel - RL broke a spread quadruple top at $396 for a second buy signal as shares rallied to a new chart high at $400. The stock has been a 5 for 5'er since seeing the trend shift back to positive to close out May's trading. Okay to consider here on the breakout or on a pullback to the $380 to $390 range. Initial support lies at $376, while additional can be found at $356 and $336, the bullish support line. |
| URBN Urban Outfitters, Inc. ($77.08) - Retailing - URBN broke a double top at $78 for a second buy signal and to reach the highest level since January. The stock has been a 3 for 5'er since April and currently ranks within the top half of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the mid to low $70s. Note the chart high at $84. Initial support lies at $70, while additional resides at the bullish support line at $67. |
