Comments include: ADBE, BROS, FCX, HWKN, KMX, PEP, SLG, VLO, & XYZ.
| ADBE Adobe Systems Incorporated ($206.52) - Software - Shares of ADBE moved higher on Monday, breaking a double top at $204. That said, the 0 for 5'er continues to lack relative strength and remains in a negative trend. Weight of the evidence continues to be against the stock, making it one to avoid. From here, the bearish resistance line is ahead at $264, above which it would move into a positive trend. |
| BROS Dutch Bros Inc. Class A ($71.64) - Restaurants -BROS broke a double top at $72 to complete a bullish catapult as shares rallied to $73. The stock improved to a 4 for 5'er following a peer RS buy signal and reversal into Xs on the market RS chart earlier in June. Okay to consider on a pullback to the upper $60s. Initial support lies at $66, while the bullish support line resides at $56. |
| FCX Freeport-McMoRan Inc. ($61.83) - Metals Non Ferrous - FCX fell to a sell signal Monday when it broke a double bottom at $61, where it now sits one box above its bullish support line. The outlook for FCX remains positive as it is a 4 for 5'er that ranks in the top third of the non-ferrous metals sector matrix. |
| HWKN Hawkins Chemical Inc ($141.40) - Chemicals - HWKN was down more than 12% Monday and fell to a sell signal and a negative trend when it broke a double bottom at $152. The stock continued lower taking out multiple additional levels of support including breaking a spread quadruple bottom at $144. The outlook for the stock remains positive as if even with the negative trend change it is a 4 for 5'er. From here, the next level of support sits at $130. |
| KMX Carmax Group ($53.58) - Autos and Parts - KMX broke a double top at $54 for a second buy signal and to mark the highest chart level since September 2025. The stock improved to a 4 for 5'er in June following a trend reversal back to positive along with positive near-term RS versus the market and peer group and long-term RS versus the peer group. Okay to consider in the upper $40s to low $50s. Note resistance in the lower $60s and lower $70s. Initial support lies at $47, while the bullish support line sits at $38. |
| PEP PepsiCo, Inc. ($137.84) - Food Beverages/Soap - PEP inched lower to complete a double bottom break at $138, marking its second consecutive sell signal. The 1 for 5'er moved down from a 2 last month after reversing back into a negative trend. Additionally, the stock ranks in the bottom half of the food beverages/soap sector matrix. A sell can be considered here. Initial resistance is at $146, with additional strong resistance at $160. |
| SLG SL Green Realty Corp ($53.06) - Real Estate - SLG pushed higher to break a double top at $53, marking a second consecutive buy signal. This 4 for 5'er moved to a positive trend earlier in June and sits in the top third of the real estate sector RS matrix. The stock has seen consistent recent improvement, howe er, SLG is nearing overbought territory. Initial support can be seen at $49 with further support not seen until $40. Overhead resistance may be seen at $58. |
| VLO Valero Energy Corp ($267.23) - Oil Service - VLO returned to a buy signal and a positive trend Monday when it broke a triple top at $268, marking a new all-time high for the stock. The positive trend change will promote VLO to a 4 for 5'er. From here, the first level of support sits at $236. |
| XYZ Block Inc ($78.45) - Finance - XYZ broke a spread quadruple top at $78 for a second buy signal as shares rose to $79, marking the highest chart level since last fall. The stock improved to a 3 for 5'er recently following a flip back to a positive trend, and currently ranks within the top quartile of the Finance sector matrix. Okay to consider here on the breakout. Note resistance in the lower $80s. Initial support lies at $74, while additional can be found in the lower $70s. |
