Comments include: C, CRWD, FNV, GS, LLY, NOG, PLTR, STLD, TRGP, VAL.
| C Citigroup, Inc. ($118.10) - Banks - C shares moved lower today to break a double bottom at $118 to mark its third consecutive sell signal. This 4 for 5'er has been in a positive trend since May 2025 and on an RS buy signal versus the market since January 2025. C shares are trading below the middle of their ten-week trading band. From here, support is offered at $108. |
| CRWD CrowdStrike Holdings, Inc. Class A ($216.60) - Software - Shares of CRWD broke a double bottom at $220 for a second consecutive sell signal. The stock also lost near-term market relative strength, and is in danger of losing near-term peer relative strength as well. Those with exposure can hold on for now, but should watch closely for signs of further weakness. From here, initial support lies at $204 then $182. |
| FNV Franco-Nevada Corp. ($250.10) - Precious Metals - After successfully testing its bullish support line, FNV returned to a buy signal Thursday when it broke a double top at $252. Wednesday's move adds to an already positive technical picture as FNV is a 4 for 5'er that ranks in the top quintile of the precious metals sector matrix. From here, overhead resistance sits at $268, while support can be found at $224. |
| GS Goldman Sachs Group, Inc. ($868.95) - Wall Street - GS shares moved lower today to break a double bottom at $864 to mark its fourth consecutive sell signal. This 3 for 5'er has been in a positive trend since May 2025 and on an RS buy signal versus the market since May 2024. GS shares are trading below their ten-week moving average and are one box away from entering a negative trend. From here, support is offered at $800. |
| LLY Eli Lilly and Company ($1,372.11) - Drugs - LLY shares moved lower today to break a double bottom at $1376 to mark its first sell signal. This 5 for 5'er has been in a positive trend since October and on an RS buy signal versus the market since November 2025. LLY shares are trading near the top of their ten-week trading band. From here, support is offered at 1264. |
| NOG Northern Oil & Gas Inc. ($22.27) - Oil - NOG fell to a sell signal Thursday when it broke a double bottom at $22. Thursday's move adds to an already negative technical picture as NOG is a 2 for 5'er that ranks in the bottom half of the oil sector matrix. From here, the next level of support is NOG's bullish support line at $19. |
| PLTR Palantir Technologies Inc. Class A ($154.65) - Software - PLTR fell with the rest of the technology sector, breaking a double bottom at $164 for a second consecutive sell signal. Today's action follows it losing near-term relative strength and moving back into a negative trend, leaving it in sell territory as a 1 for 5'er. The stock is nearing heavily oversold territory, so those with positions could wait for pullback or consolidation before exiting. From here, initial support lies at $154 then $120. |
| STLD Steel Dynamics Inc. ($223.32) - Steel/Iron - STLD fell to a sell signal and a negative trend Thursday when it broke a double bottom at $228. The negative trend change will drop the stock to a still acceptable 3 for 5'er. From here, the next level of support sits at $220, a level from which STLD has rallied four times since May. |
| TRGP Targa Resources Corp. ($276.63) - Oil Service - TRGP fell to a sell signal Thursday when it broke a double bottom at $280 and continued lower to $276, where it now sits against its bullish support line. The outlook for the stock remains positive despite the move as TRGP is a 5 for 5'er and ranks in the top quintile of the oil service sector matrix. |
| VAL Valaris Ltd. ($78.57) - Oil Service - VAL fell to a sell signal and a negative trend Thursday when it broke a double bottom at $82 and continued lower to $78 where it now sits against support. The negative trend change will drop VAL to a 1 for 5'er. |
