Comments include: CRWD, IBKR, MTCH, PAAS, RL, & VSXY.
| CRWD CrowdStrike Holdings, Inc. Class A ($184.51) - Software - CRWD fell Tuesday, breaking a double bottom at $186 for a second consecutive sell signal. The 4 for 5'er lost near-term peer relative strength last week but remains a buy for now given its long-term strength. Initial support lies at $178 to $176 with additional support at $166. |
| IBKR Interactive Brokers Group, Inc. ($98.28) - Wall Street - IBKR moved higher on its default chart, pushing to new all-time highs in the process. The perfect 5/5'er is now up nearly 50% so far this year. It ranks around the top third of its respective sector matrix and remains in actionable territory around current levels for those looking for exposure. IBKR is currently a holding within the Large-Cap Core Model as of 8/25. Support is found around the bullish support line below at $89. |
| MTCH Match Group, Inc. ($42.24) - Leisure - MTCH broke a triple top at $42 for a third buy signal since April. The stock improved to a 4 for 5'er through April and May of this year and the stock current ranks within the top half of the Leisure sector matrix. Note resistance at current levels, while additional can be found in the upper $40s. Initial support lies in the mid $30s, while additional can be found in the upper $20 to $30 range. |
| PAAS Pan American Silver Corp ($53.84) - Precious Metals - PAAS gave a second consecutive buy signal and returned to a positive trend Tuesday when it broke a spread triple top at $54. The positive trend change will promote PAAS to an acceptable 3 for 5'er. From here, the next level of overhead resistance sits at $57. Meanwhile, support can be found at $47. |
| RL Ralph Lauren ($365.26) - Textiles/Apparel - RL broke a spread quintuple bottom at $364 for a second sell signal and to violate support dating back to July. This break follows a negative trend change, which dropped the stock down to a 4 for 5'er. The continued downside since the recent peak abvoe $400 has placed the market RS chart within one box of reversing down into Os. Current support lies at $356, while the May chart low sits at $320. |
| VSXY Victoria's Secret & Company ($86.57) - Retailing - VSXY broke a double bottom at $85 for a second sell signal since shares peaked above $100 earlier in August. The stock continues to maintain a 5 technical attribute rating, but additional downside may lead to RS chart reversals lower. From here, support lies in the mid to low $80s, while additoinal can be found in the mid to low $70s. |
