Analyst Observations | Nasdaq Dorsey Wright

Comments include: FIVE, GE, JPM, & PVH.

FIVE Five Below Inc ($192.42) - Retailing - FIVE broke a double bottom at $200 for a second sell signal as shares fell to $192. The breakdown will cause the market and peer RS charts to reverse into a column of Os, dropping the stock down to a 3 for 5'er. From here, support lies at current chart levels, while additional can be found at $184.

GE GE Aerospace ($327.65) - Aerospace Airline - Nice break today for GE, as the 4/5'er has now posted a pair of buy signals on its default chart as of 6/4. From here, bulls will eye a return to all time highs up above at $348, just below the top of the current trading band. Those of you looking for exposure are fine to add here.

JPM J.P. Morgan Chase & Co. ($311.62) - Banks - JPM shares moved higher today to break a double top at $312 to mark its second consecutive buy signal. This 4 for 5'er has been in a positive trend since November 2023 and on an RS buy signal versus the market since March 2024. JPM shares are trading near the middle of their ten-week trading band in normalized territory. From here, support is offered at $296.

PVH Phillips-Van Heusen Corporation ($75.81) - Textiles/Apparel - PVH reversed into Os and broke a double bottom at $90 as shares fell to $69 on the chart. Along with a violation of the bullish support line, the market and peer RS charts will reverse into Os, dropping the stock down to a 0 for 5'er. From here, the March chart lows reside around the $60 level.

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