Comments include: CRBL, CNX, CTVA, ETSY, GPOR, & TMO.
| CBRL Cracker Barrel Old Country Store, Inc. ($69.23) - Restaurants - CBRL broke a double top at $71 for a second buy signal as shares rallied to $72, marking the highest chart since July 2025. The stock improved to a 5 for 5'er after seeing the peer RS chart give an RS buy signal on 10/14, and CBRL currently ranks 2nd (out of 25) within the Restaurants sector matrix. Okay to consider on a pullback to the upper to mid $60s. Initial support lies at $65, while prior resistance at $60 may be seen as additional support. |
| CNX CNX Resources Corp ($38.09) - Oil - After giving two consecutive sell signals, CNX returned to a buy signal Wednesday when it broke a double top at $39. Wednesday's move adds to a modestly positive technical picture as CNX is a 3 for 5'er. From here, the next level of overhead resistance sits at $43, the multi-year high CNX reached earlier this year. Meanwhile, support can be found at $31. |
| CTVA Corteva Inc ($11.40) - Chemicals - CTVA fell to a sell signal Wednesday when it broke a quadruple bottom at $11.50, taking out support that had been in place since August. The outlook for the stock remains modestly positive as CTVA is an acceptable 3 for 5'er. But, the stock has recently shown signs of relative weakness as it reversed down on both its peer and market RS charts on Tuesday. From here, the next level of support is CTVA's bullish support line at $10.50. |
| ETSY Etsy Inc ($92.63) - Retailing - ETSY broke a double top at $92 to return to a buy signal as shares rallied to $94, marking the highest level since August 2023. The stock improved to a 5 for 5'er after seeing the market RS chart give an RS buy signal and the trend flip back to positive on the trend chart. Okay to consider on a pullback to the mid $80 to $90 range. Initial support lies at $84, while the bullish support line resides at $71. |
| GPOR Gulfport Energy Corp ($166.36) - Oil - GPOR gave a second consecutive buy signal and moved to a positive trend Wednesday when it broke a triple top at $170. The outlook for the stock remains negative, however, as even with the positive trend change GPOR is a unfavorable 2 for 5'er. |
| TMO Thermo Fisher Scientific Inc. ($706.81) - Healthcare - TMO inched higher and completed a double top break at $704, marking its second consecutive signal and a new intraday all-time high above $710. The 5 for 5'er moved up from a 3 last month after reversing back into a buy signal against the market and reversing back into Xs against its peers. Additionally, the stock ranks in the top quintile of the healthcare sector matrix. Long exposure can be made here. Initial strong support is at $664, with additional support at $640. |
