top of page
All Posts


BVN and SQM
We received a request to revisit Compania de Minas Buenaventura S.A.A. (BVN) and Sociedad Quimica y Minera de Chile SA (SQM) . We flagged a big base breakout for BVN on the move above 18.84.17.90 with upside potential to pattern counts and retracement levels near 24 and 30 in Straight from the Chart on September 11, 2025. BVN has since exceeded these targets with the 61.8% retracement of the 2010-2016 decline the next target at 36.61. Above this level, BVN does not have mu
Stephen Suttmeier
Jan 15


The Stock Pulse - Jan. 15, 2026
*** Please see the bottom of this report for important disclaimers and disclosures.*** Three bulls: ADM, AFL, and EVRG; One vulnerable: CI Three bullish stocks: ADM, AFL, and EVRG; One vulnerable stock: CI Archer Daniels Midland (ADM), Aflac (AFL), and Evergy (EVRG) show bullish technical patterns, while Cigna (CI) remains vulnerable. ADM is forming a 2-year head-and-shoulders bottom, with a breakout above 65.00–66.08 needed to confirm it and open upside toward 79.60 and
Stephen Suttmeier
Jan 15


Big base potential for Boeing (BA)
Boeing (BA) is building a potential early 2020 into early 2026 big base. Continued closes above the rising 13-, 26-, and 40-week moving averages from 216 down to 209 would maintain a constructive view within this 6-year bottoming process for BA. If needed, additional chart support comes from the 188 to 176 areas, with the 200-week moving average at 188.59. The catalyst to confirm the 2020-2026 triangle pattern as a big base for BA is a decisive breakout above the 233.85 to 2
Stephen Suttmeier
Jan 14


A tactical triangle bottom for Bitcoin
Bitcoin (BTC/USD) has defended its weekly Ichimoku cloud support since late November (December 3 Straight from the Chart ) and is breaking out from a late November into mid January ascending triangle bottoming pattern. Chart 1: Bitcoin (BTC/USD): Weekly Ichimoku cloud chart Sustaining the rally above 94,640 would confirm a late November-January ascending triangle bottom that suggests further tactical upside to pattern counts at 104,500 and 108,000 with the declining 200-day
Stephen Suttmeier
Jan 14


A potential bullish flag on KSS
Question: Does KSS (Kohl's) have a flag formation, and if so, when would we know if it is valid? I think it's worth around $30/sh fundamentally. After a high volume upside gap in late November, Kohl's (KSS) may indeed be forming a December into January bullish flag pattern. To validate this positive setup, KSS must regain the rising 40-day moving average at 21.13 and the flag downtrend line near 22.00, preferably on higher volume. A push above the last tactical lower high a
Stephen Suttmeier
Jan 14


Royce Small Cap Trust (RVT)
We received a request to look at Royce Small Cap Trust (RVT) , a closed end fund with diversified small cap exposure and an income component. RVT is attempting a breakout from a large base that has been forming since mid-2022. A decisive move above 16.93 would confirm this bullish pattern and open upside potential toward the 2021 highs in the 19.57–20.00 area and potentially higher to the base pattern count at 22.00. Until then, holding the 16.50 to 15.85 support zone, along
Stephen Suttmeier
Jan 14


Charted Market Insights - Jan. 13, 2026
*** Please see the bottom of this report for important disclaimers and disclosures.*** The charts that matter as 2026 begins SPX: Erratic returns in years following three consecutive up years Following a 19.4% decline in 2022—the most recent mid-term election year—the S&P 500 (SPX) has rallied for three consecutive years, posting double-digit gains of 24.2% in 2023, 23.3% in 2024, and 16.4% in 2025. Three straight up years following a down year have occurred only 13 times si
Stephen Suttmeier
Jan 13


WSM is about to break out
Williams-Sonoma (WSM) is positioned to break out from an early 2025 into early 2026 bullish cup and handle. A decisive rally above 210-220 would confirm this pattern and suggest upside potential to 250 (100% extension of the rally from the cup low to handle high projected from the handle low) and then higher to 290-300 (cup and handle pattern count and 161.8% extension). Until that breakout occurs, the immediate pattern for WSM remains bullish above the 197-194 range. Rising
Stephen Suttmeier
Jan 13


LRCX exceeds its upside target
We have received some requests for an update on Lam Research (LRCX). LRCX has rallied sharply from the bullish consolidation pattern highlighted in this blog on December 29, 2025. The stock has surpassed the 204.00-208.91 range, which is the cup and handle pattern target and a 161.8% extension. What now? If long LRCX, it might make sense to lighten up and/or raise stops since the stock has met and exceeded its upside targets. The low of the 1/9 big candle at 202.72 (200 area)
Stephen Suttmeier
Jan 13


United Rentals (URI) remains bullish
We have some interest in United Rentals (URI) given the stock's pullback from mid October. URI remains bullish. The stock has defended its rising 26- and 40-week moving averages, which currently sit near 892 and 829, respectively, as well as the 50% retracement of the April-October 2025 rally at 773.69, on the late November probe down to 769.88. These levels remain key supports for URI. After a perfectly normal 50% retracement, URI is positioned for an extension higher, espe
Stephen Suttmeier
Jan 13


NYSE stocks A-D line improves but higher highs needed
The NYSE stocks advance-decline line has a bearish divergence from late July into late December but is improving in early 2026. A breakout to new highs is required to confirm the strong rally on the NYSE Composite. In our view, a developing bullish head and shoulders pattern supports the case for this breadth indicator to continue to strengthen and confirm the rally. Chart 1: NYSE Composite (top) and NYSE stocks advance-decline line (bottom) The NYSE issues advance-decline li
Stephen Suttmeier
Jan 13


LULU: Bears marooned on an island bottom
Question: Can you please take a look at LULU as a possible bottoming play. Looks like it might be turning the corner if it can clear $226. Lululemon (LULU) looks tactically bullish on a pullback after completing a September into December island bottom pattern. This bullish island reversal has several features: A high-volume downside gap on September 5 A period of sideways price action on lower volume from early September into early December A high-volume upside price gap on
Stephen Suttmeier
Jan 13


LUNR: Tactical breakout and possible big base
We got a request to look at the chart for Intuitive Machines (LUNR) . This small cap aerospace and defense stock broke out from a March-December 2025 tactical base on the move above 14.48-13.70 (now key support) to target 21 (pattern count) and the January 2025 peak at 24.95. If LUNR can decisively break out above 24.95, it would confirm a larger bottoming pattern dating back to early 2023 with upside potential into the 43 to 48 range. LUNR may also be building a 2023-2026 ba
Stephen Suttmeier
Jan 12


SMH remains bullish - absolute and vs. SPX
The VanEck Semiconductor ETF (SMH) broke higher from the bullish cup and handle pattern highlighted in our December 29, 2025, The Sector Edge . This bullish breakout remains firmly intact above 375-372, and SMH still has upside potential to the patten counts at 398 and 430. SMH remains within strong absolute and relative price trends with new absolute price highs confirmed by relative price highs as well as by maximum positive absolute and relative trend scores trend scores.
Stephen Suttmeier
Jan 12


HUBB: Bullish cup and handle breakout watch
We highlighted Hubbell Inc. (HUBB) in our November 7, 2025, The Stock Pulse . HUBB struggled into late November prior to strengthening into early 2026. This sets up HUBB for a bullish breakout from a late 2024 into early 2026 bullish cup and handle. A decisive rally above 473-484 would confirm this bullish pattern for upside initially to 518 (61.8% extension of the rally from the cup low (299) to the handle high (484) projected from the handle low (403)) and then higher to 5
Stephen Suttmeier
Jan 12


ZION attempts a bullish breakout
We received a request on Zions Bancorporation (ZION) . ZION is attempting a bullish breakout from a late 2024 into early 2026 basing pattern. A decisive push above the 59.40 to 63.22 area would confirm this bullish setup and set the stage for a rally to 66.27 (100% extension of the April-September 2025 rally projected from the mid October low) initially and then higher toward 75.44 (early 2022 peak) to 78-79.50 (161.8% extension and basing pattern target). Rising 13-, 26-, an
Stephen Suttmeier
Jan 12


The Sector Edge - January 12, 2026
*** Please see the bottom of this report for important disclaimers and disclosures.*** Ranks plus XLI, XLY, XLP, ICLN, and REMX Tactical Sector Ranks The Top Five Tactical Sector Ranks are Materials (XLB), Healthcare (XLV), Discretionary (XLY), Industrials (XLI), and Technology (XLK). XLB, XLI, and XLK also appear in the top five of the 52-week Ranks. The Bottom Five Tactical Sector Ranks are Real Estate (XLRE), Utilities (XLU), Staples (XLP), Communication Services (XLC),
Stephen Suttmeier
Jan 12


S&P 500 GICs Level 1 sector ETFs Ranks
This post highlights the Tactical and 52-week Ranks for the S&P 500 GICS Level 1 sector ETFs as of the week ending 1/9/2026. The Top five Tactical Ranks are Materials, Healthcare, Consumer Discretionary, Industrials, and Technology. Communication Services dropped out of the top five, replaced by Discretionary, which ranks at third from eighth in the prior week. Materials jumped to first from fifth, unseating Healthcare from the top slot. However, Healthcare leadership als
Stephen Suttmeier
Jan 10


Leidos (LDOS): Cup and Handle
We have some interest in Leidos Holdings (LDOS) , which is another stock that is trading within a potential late 2024 into early 2026 bullish cup and handle formation. LDOS is firmly bullish above support from 189 down to 178 (13- and 26-week moving averages (WMAs) and chart levels), which could mark the handle low. If needed the rising 40-WMA near 172 offers an additional support ahead of the 162 area, which is the neckline of the December 2024 to July 2025 head and shoulde
Stephen Suttmeier
Jan 9


SharkNinja (SN): Cup and handle
Question: What is your read on SN chart? Are we at a potential breakout point near 120-122? Thanks Steve SharkNinja (SN) is building an early 2025 into early 2026 cup and handle pattern. A decisive breakout above the 121.81-123.00 to 128.51 area is the catalyst needed to confirm this bullish setup and suggest further upside to 151 (100% extension of the rally from the cup low (60.50) to the handle high (128.51) projected from the handle low (83.12)) and 183 (cup and handle p
Stephen Suttmeier
Jan 9
bottom of page
