Comments include: BKR, DLTR, GM, MANU, SPOT, TECK, VRT, & WHD.
| BKR Baker Hughes Company ($59.30) - Oil Service - After giving three consecutive buy signals, BKR fell to a sell signal Thursday when it completed a bearish signal reversal at $60, where it now sits against its bullish support line. The outlook for the stock remains modestly positive as BKR is a 3 for 5'er. However, a move to $59 would violate its trend line and drop the stock to a 2 for 5'er. |
| DLTR Dollar Tree, Inc. ($118.23) - Retailing - DLTR broke a double bottom at $118 for a second sell signal since rallying to the mid $130s in late August. The stock continues to maintain a 4 technical attribute rating and rank within the top third of the Retailing sector matrix. Support lies at current levels, while additional can be found at $106 and $102, the bullish support line. |
| GM General Motors ($85.92) - Autos and Parts - GM broke a spread triple bottom at $83 for a third sell signal and to violate the bullish support line. The negative trend change will drop the stock down to a 3 for 5'er with positive peer RS. From here, support lies at $79, while additional can be found at $75. |
| MANU Manchester United PLC ($19.99) - Leisure - MANU broke a double bottom at $20 to initiate a shakeout pattern. The stock has maintained a 5 technical attribute rating since June '26 and currently ranks within the top half of the Leisure sector matrix. Okay to consider on a reversal back into Xs at $23, while the pattern would be complete upon a triple top break at $25. From here, prior resistance at $19.50 may be seen as initial support, while additional can be found at $17.50, the bullish support line. |
| SPOT Spotify Technology S.A. ($521.66) - Media - SPOT returned to a sell signal with today's action, moving back into a negative trend in the process. With the move, it will push back into a negative trend and return to an unfavorable 2/5'er as of 9/11. While action off 2026 lows has been constructive, Resistance in the high $500's has been stiff. Hold off on allocation for now in favor of other better areas. |
| TECK Teck Resources Limited ($65.92) - Oil Service - TECK gave an initial sell signal Thursday when it broke a bottom at $66. The outlook for the stock remains decidedly positive, however, as TECK is a 4 for 5'er that ranks in the top half of the oil service sector matrix. From here, the next level of support sits at $63. |
| VRT Vertiv Holdings LLC ($247.51) - Computers - VRT broke a triple bottom at $248 to move to a sell signal. Today's movement also saw the name move back into a negative trend, bringing it down to a 3 for 5'er. The stock is now more of a hold than anything, but current investors should continue watching for further deterioration. From here, initial support lies at $224. |
| WHD Cactus, Inc. Class A ($68.58) - Oil Service - WHD fell to a sell signal Thursday when it broke a double bottom at $68. The outlook for the stock remains positive, however, as WHD is a 4 for 5'er and ranks in the top quintile of the oil service sector matrix. From here, the next level of support on WHD's chart sits at $66. |
