Analyst Observations
Published: October 12, 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: ANF, EBAY, KLAC, MAR, MCK, SAP, SUN, TDW, URBN, & V.

 

ANF Abercrombie & Fitch Co. ($144.57) - Retailing - ANF broke a double top at $146 for a second buy signal as shares rallied to $148. ANF has been a 5 for 5'er since the latter stages of August and currently ranks within the top decile of the Retailing sector matrix. Okay to consider here on the breakout. Note prior rally highs at $154, while initial support sits at $132.
EBAY eBay Inc. ($116.28) - Retailing - EBAY broke a double top at $114 for a second buy signal as shares rallied to match prior highs at $118. The stock is currently a 3 for 5'er that ranks within the top half of the Retailing sector matrix, but monitor both the peer and market RS charts as they sit near potential reversal levels. Resistance lies at current chart levels, while support can be found at $104, the bullish support line, and $100.
KLAC KLA Corp ($190.07) - Semiconductors - Shares of KLAC moved lower on Monday, breaking a double bottom at $190 to move to a sell signal. That said, the 4 for 5'er moved into a positive trend at the start of October and regained near-term market relative strength, keeping it firmly in buy territory. Initial support lies at $182, with the bullish support line at $176.
MAR Marriott International, Inc. ($368.57) - Leisure - MAR broke a triple top at $368 to return to a buy signal and penetrate the bearish resistance line. With the positive trend change, MAR will increase to a 5 for 5'er in technical attribute rating. From here, note resistance at $384, while prior highs reside in the lower $400 range. Support currently resides in the $312 to $324 range.
MCK McKesson Corporation ($949.50) - Drugs - MCK inched higher to complete a double top break at $944, marking its sixth consecutive buy signal. The 5 for 5'er moved up from a 3 earlier this month after reversing back into Xs against the market and its peers. Additionally, the stock ranks in the top half of the drugs sector matrix. Long exposure can be made here. Initial strong support is at $848, with additional support at $816.
SAP SAP AG (Germany) ADR ($217.85) - Software - Shares of SAP broke a double top at $220 for its third consecutive buy signal. The 5 for 5'er continues to push higher, placing it firmly in buy territory while it trades in a positive trend. Initial support lies at $204.
SUN Sunoco L.P. ($75.89) - Oil Service - SUN returned to a buy signal and a positive trend Monday when it broke a double top at $76. The positive trend change will promote the stock to an acceptable 3 for 5'er. From here, the next level of overhead resistance sits at $77. Meanwhile, support can be found at $70.
TDW Tidewater Inc ($86.41) - Oil Service - After giving two consecutive sell signals, TDW returned to a buy signal Monday when it broke a double top at $87. Monday's move adds to an already positive technical picture as TDW is a 5 for 5'er that ranks in the top half of the oil service sector matrix. From here, the first level of support sits at $83.
URBN Urban Outfitters, Inc. ($82.88) - Retailing - URBN broke a spread triple top at $83 for a second buy signal. This follows the stock shifting back into a positive trend earlier this month, which increased the stock up to a 4 for 5'er. Okay to consider here on the breakout. Note prior highs at $85, while initial support can be found at $76. Additional support can be found in the mid $60 to mid $70 range.
V Visa Inc. ($389.27) - Finance - V posted its 4th consecutive buy signal on its default chart today, moving to new all-time highs in the process. The payment processor has turned it around in 2026, now earning 4 technical attributes at the time of this writing. While we don't have any technical resistance on our default chart, there is a healthy range of support down below current levels ranging from $348 to $360. Those looking for exposure are fine to act here.
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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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