Analyst Observations | Nasdaq Dorsey Wright

Comments include: AU, EXE, LNG, & URBN.

AU AngloGold Ashanti Limited (South Africa) ADR ($50.62) - Precious Metals - AU returned to a buy signal Monday with a double top break at $49. Monday's move adds to an already positive technical for AU as the stock is a 5 for 5'er and ranks second out of 23 names in the precious metals sector matrix. From here, overhead resistance sits at $51, AU's all-time high. Meanwhile, support can be found at $44. Earnings are expected on 8/1.

EXE Expand Energy Corp ($99.41) - Oil - EXPE fell more than 8% on Monday, giving a second consecutive sell signal and violating the trend line on its default chart. The negative trend change will drop EXPE to a still favorable 4 for 5'er. The stock now sits at $99, with the next level of support afforded at $96. EXPE is expected to report earnings on 7/29.

LNG Cheniere Energy, Inc. ($226.44) - Oil Service - LNG fell more than 7% on Monday and gave an initial sell signal when it broke a double bottom at $228, where it now sits against support. The weight of the evidence remains positive as LNG is a 5 for 5'er that ranks in the top half of the oil service sector matrix. LNG is expected to report earnings on 8/7.

URBN Urban Outfitters, Inc. ($75.20) - Retailing - URBN broke a double top at $74 for a second buy signal as shares rallied to $75, matching the all-time chart high. The stock is a 5 for 5'er that ranks 8th (out of 90) in the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the lower $70s. Initial support lies at $69, while additional can be found at $66 and $61, the bullish support line.

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