Comments include: APD, CART, CF, EAT, H, REAX, SNDK, & TTWO.
| APD Air Products & Chemicals, Inc. ($286.63) - Chemicals - APD fell to a sell signal and a negative trend Thursday when it broke a double bottom at $284. The negative trend change will drop APD to an unfavorable 2 for 5'er. From here, the next level of support on the stock's default chart sits at $272. |
| CART Maplebear Inc. ($45.21) - Retailing - CART broke a double bottom at $45 for a second sell signal and to violate the bullish support line. The trendline violation will shift the trend to negative and drop the stock down to a 3 for 5'er. From here, support lies at $43, while additional can be found in the mid to upper $30s. |
| CF CF Industries Holdings, Inc. ($133.83) - Chemicals - CF gave an initial sell signal Thursday when it broke a double bottom at $130. The outlook for the stock remains decidedly positive, however, as CF is a 5 for 5'er that ranks seventh out of 46 names in the chemicals sector matrix. From here, the next level of support can be found at $124, where CF's bullish support line also currently sits. |
| EAT Brinker International Inc ($199.56) - Restaurants - EAT broke a double bottom at $200 for a second sell signal this month and since peaking in the $250s in August. While EAT maintains a 5 TA rating, the market RS chart sits within one box of reversing down into Os. From here, support on the default trend chart resides at $182 and $178. |
| H Hyatt Hotels Corp. ($155.23) - Leisure - H broke a double bottom at $156 for a second sell signal and to mark the lowest chart level since April. The stock fell to a 3 for 5'er after seeing the market RS chart reverse into Os earlier in September, while the peer RS chart sits within one box of reversing into Os. From here, support lies at $150 and $138. |
| REAX Real Brokerage Inc. ($17.64) - Real Estate - REALX fell Thursday to complete a bearish triangle at $18. This also moved the stock to a negative trend, dropping it to a 2 for 5 TA rating. The weight of the technical evidence is weak here and deteriorating. Avoid long exposure. Note that the stock is at support from earlier this month. Further support is not seen until $16. Overhead resistance can be seen at $20 and $21. |
| SNDK SanDisk Corp ($1,609.78) - Computers - Shares of SNDK broke a double top at $1,584 for its third consecutive buy signal. The 5 for 5'er has improved off of its summer lows, regaining the near-term peer and market relative strength that it lost, bringing it back into strong territory. The name currently trades in actionable territory by the middle of the ten week trading band, but investors should be mindful of its extreme volatility. Initial support lies at $1,520, $1,440, then $1,424. |
| TTWO Take-Two Interactive Software, Inc. ($211.17) - Leisure - TTWO broke a double bottom at $208 for a third sell signal since shifting into a negative trend in August. TTWO has fallen to a 2 for 5'er after seeing the market RS chart reverse down into Os earlier this month. Support lies at current prices, while additional can be found in the mid-190s and $188. |
