Comments include: AMAT, APD, GE, LNG, & NAVN.
| AMAT Applied Materials, Inc. ($603.33) - Semiconductors - Shares of AMAT declined sharply on Thursday, breaking a double bottom at $616 to move to a sell signal. That said, the 5 for 5'er continues to trades in a positive trend, with it remaining a high relative strength name. The stock was previous in heavily overbought territory, so recent movement could serve as a healthy exhale for the stock. Those with positions should continue to hold, but should prepare for further volatility. From here, initial support lies at $576. |
| APD Air Products & Chemicals, Inc. ($311.68) - Chemicals - APD returned to a buy signal and a positive trend Thursday when it broke a spread quadruple top at $308. The positive trend change will promote APD to an acceptable 3 for 5'er. From here, the next level of over head resistance sits at $320. Meanwhile, support can be found at $288. |
| GE GE Aerospace ($375.75) - Aerospace Airline - GE's first buy signal of July was a buy signal, its 5th consecutive on its default chart. The strong 5/5'er is up just over 21% so far this year, and while a bad overbought should be kept on a short list of options to add to. Support is offered at $364. |
| LNG Cheniere Energy, Inc. ($244.24) - Oil Service - After giving five consecutive sell signals LNG returned to a buy signal Thursday when it broke a double top at $248, where it now sits against resistance. The outlook for LNG remains negative, however, as the stock is a 2 for 5'er that ranks in the bottom half of the oil service sector matrix. From here, the support sits at $224. |
| NAVN Navan, Inc. Class A ($25.52) - Leisure - NAVN broke a double top at $25 to return to a buy signal and mark a new all-time chart high. The stock has been a 5 for 5'er since May 2026 and currertly ranks within the top quartile of the Leisure sector matrix. Okay to consider here on the breakout or on a pullback to the lower $20s. Initial support lies at $18.50, while additional can be found in the $17 range. |
