Comments include: AAPL, CRWD, OLLI, UAL, & VRTX.
| AAPL Apple Inc. ($341.79) - Computers - Shares of AAPL ticked higher, breaking a spread triple top at $348, setting all-time highs while completing its fourth consecutive buy signal. The 4 for 5'er continue to be one of the most consistently positive stocks, with it remaining firmly in buy territory as of now. From here, initial support lies at $328 then $312. |
| CRWD CrowdStrike Holdings, Inc. Class A ($261.89) - Software - CRWD shares fell lower on the day, breaking a double bottom at $260, ending its streak of three consecutive buy signals in the process. Even with today's sell signal, the 5 for 5'er continues to exhibit relative strength as a strong buy for the time being. From here, investors could watch to see if it moves below initial support at $248 then $232. |
| OLLI Ollies Bargain Outlet Holding Inc. ($89.00) - Retailing - OLLI broke a double top at $90 for a third buy signal since mid-September as shares rallied to $93, marking their highest level since April. The stock improved to a 3 for 5'er in September and rallied to within the top quartile of the Retailing sector matrix. Okay to consider in the upper $80s. Initial support lies at $84, while additional can be found at $76, the bullish support line. |
| UAL United Airlines Holdings Inc. ($103.27) - Aerospace Airline - UAL broke a double bottom at $104 to complete a bearish catapult as shares fell to $102, marking their lowest level since June. The move also violates the bullish support line, which drop the stock down to a 2 for 5'er trading in a negative trend. Beyond current support at $102, additional resides in the mid to upper $80s. |
| VRTX Vertex Pharmaceuticals Incorporated ($489.26) - Biomedics/Genetics - VRTX inched lower to complete a triple bottom break at $496. The 1 for 5'er moved down from a 2 with its latest move, after reversing back into a negative trend. A sell can be considered here. Initial resistancei s at $528, with additional resistance at $560. Initial strong support can be seen at $472. Note that earnings are expected on 11/2. |
