DE shows relative strength in a weak sector; a breakout above 660-670 signals potential for significant further upside.

All right, ninth chart to highlight for you. Deer. Now, I would say the industrial sector has not been very very good. If you look at the relative performance of the XLI in August, it's been underperforming.

It's probably the worst sector on a relative basis in the last four weeks. So, I think it's important to highlight within a struggling sector, are there stocks that are still doing quite well?

and deer ticker DE I think is holding up uh pretty well to and and I would say beyond that it's actually rotating uh to the upside uh pretty well.

We're above all the moving averages that are sloping higher. It's been a choppy couple months here to be honest with you for for deer and deer made a new all-time high in February of this year then had a big pullback to the 200 day moving average in May.

From there, we had a sort of a bounce higher and now it's just essentially been retesting that February peak.

I think this is an important chart to watch because if we can power above like 660, 670, clear those February highs, make another new 52- week high, I think that could open the door to much further upside for deer.

And I would say the weekly chart of DE is an important one to watch as well. Let us show you why a breakout here could actually be pretty uh meaningful.