Analyst Observations
Published: October 30, 2026
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Comments include: AEM, CRS, GFI, GM, INTC, LYV, MSI, NVDA, OLN, PM, & SKYW.

 

AEM Agnico-Eagle Mines Ltd. ($163.96) - Precious Metals - AEM gave a second consecutive sell signal and fell to a negative trend Friday when it broke a double bottom at $170 and continued lower to $162. The negative trend change will drop AEM to a 1 for 5'er. From here, the next level of support on AEM's chart sits at $144.
CRS Carpenter Technology Corporation ($282.99) - Steel/Iron - After giving six consecutive sell signals, CRS returned to a buy signal Friday when it broke a double top at $296. The outlook for the stock remains negative, however, as CRS is a 1 for 5'er that ranks at the bottom of the steel/iron sector matrix.
GFI Gold Fields Limited (South Africa) ADR ($32.51) - Precious Metals - GFI gave a second consecutive sell signal and fell to a negative trend Friday when it broke a double bottom at $34. The negative trend change will drop the stock to 1 for 5'er. From here, the next level of support on GFI's chart sits at $32.
GM General Motors ($87.25) - Autos and Parts - GM broke a triple top at $86 to end a series of six sell signals that began in August as shares rallied to $88. The move also penetrates the bearish resistance line and will shift the trend back to positive, increasing GM up to 4 for 5'er. Okay to consider here on the breakout or on a pullback to the mid-$80s. Note resistance at current chart levels along with prior highs in the low $90s. Support resides at $75, which was held recently and dates back to July of htis year.
INTC Intel Corporation ($63.78) - Semiconductors - INTC plummeted more than 30% on the day, moving to a sell signal with a break at $84. The low attribute stock continues to be one to avoid. That said, it is in heavily oversold territory, so it could rebound slightly or consolidate for anyone that hasn't sold yet.
LYV Live Nation Entertainment Inc. ($177.47) - Leisure - LYV broke a double top at $178 to complete a bullish catapult and penetrate the bearish resistance line, flipping the trend back to positive. The trend change will increase LYV up to a 5 for 5'er, and the stock also ranks within the top half of the Leisure sector matrix. Okay to consider here on the breakout or on a pullback to the lower $170s. Note the prior chart highs at $188. Support lies in the $166 to $170 range.
MSI Motorola Solutions Inc. ($491.98) - Telephone - MSI broke a triple top buy signal with today's action, completing a bullish shakeout pattern on its default chart. The 4/5'er is up nearly 30% so far in 2026 and has been ushered nicely along its bullish support line below current levels. While we are near the top of the trading band and facing resistance at all time highs at $504, the name remains a technically defendable option with a 4/5 TA score heading into November.
NVDA NVIDIA Corporation ($204.64) - Semiconductors - Shares of NVDA broke a double bottom at $208, moving to a sell signal. Action today caused it to also flip its trend to negative, bringing it down to hold territory as a 3 for 5'er. Those with positions can continue holding for now but should watch for signs of further weakness.
OLN Olin Corp ($17.49) - Chemicals - OLN gave an initial buy signal Friday when it broke a double top at $17. The outlook for the stock remains negative however, as OLN is a 0 for 5'er. From here, the next level of resistance sits at $24, where OLN's bearish resistance line also currently sits.
PM Philip Morris International Inc. ($208.50) - Food Beverages/Soap - PM inched higher to complete a double top break at $212, marking a new intraday all-time high. The 5 for 5'er moved up from a 4 with its latest move, after reversing back into a positive trend. Additionally, the stock ranks in the top decile of the food beverages/soap sector matrix and offers a yield above 3%. Long exposure can be made here. Initial strong support can be seen between $182-$184.
SKYW Skywest Inc ($82.14) - Aerospace Airline - After returning to a buy signal and seeing a positive trend change on 10/29, SKYW reversed into Os and fell 14%, giving a sell signal and shifting the trend by to negative at $91 as shares fell to $83. This will drop the stock down to a 2 for 5'er in attribute rating and brings the chart down to levels not seen since June. From here, the May chart lows reside at $78.
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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
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