Comments include: FIVE, GLNG, INTU, LYV, SBUX, & WDAY.
| FIVE Five Below Inc ($243.22) - Retailing - FIVE broke a double top at $248 for a third buy signal and to match the all-time chart high. The stock improved to a 5 for 5'er during last week's trading after seeing both the market and peer RS charts return to a column of Xs. Look for consoldiation around the $240 range along with a normalization of the 10-week trading band before considering. Initial support lies at $232, while additional lies at $194. |
| GLNG Golar LNG Ltd ($51.60) - Oil Service - GLNG returned to a buy signal and a positive trend Thursday when it broke a triple top at $53. The outlook for the stock remains negative, however, as even with the positive trend change GLNG is an unfavorable 2 for 5'er. From here, overhead resistance sits at $57. Meanwhile, support can be found at $48. |
| INTU Intuit Inc. ($360.58) - Software - Shares of INTU broke a spread triple top at $340 for its fifth consecutive buy signal. Intuit has rallied sharply off of its June bottom, regaining near-term relative strength before moving back into a positive trend today. The now 3 for 5'er is back to being a hold but is in overbought territory near the top of its ten week trading band. Initial resistance lies at $360 then $416. |
| LYV Live Nation Entertainment Inc. ($186.37) - Leisure - LYV broke a double top at $188 for a fifth buy signal and to match the all-time chart high. The stock has been a 5 for 5'er since July and currently ranks within the top half of the Leisure sector matrix. Okay to consider here on the breakout or on a pullback to the upper $170s. Initial support lies at $176, while the bullish support line resides at $172. |
| SBUX Starbucks Corporation ($109.51) - Restaurants - SBUX broke a quadruple top at $110 to return to a buy signal and bring the stock to its highest level since early 2025. The stock has been a 3 for 5'er since April and maintians positive long-term peer RS and short-term market RS. Okay to consider here on the breakout or on a pullback to the low $100 range. Initial support lies at $102, while the bullish support line sits at $96. |
| WDAY Workday Inc. ($207.95) - Software - Shares of WDAY exploded higher on Thursday, rising almost 20% for its fourth consecutive buy signal. The 4 for 5'er is a solid name after its intense rally, but is in extremely overbought territory well above the top of its ten week trading band. Those looking to buy should wait for consolidation or pullback to the $170s. |
