By Doug Busch
Markets have a way of repeating themselves, and some of yesterday's ideas can become today's opportunities. Here are this week's examples of stock picks whose charts are demanding attention:
-- Roblox, introduced by Adam Levine in November. -- Brunswick, covered by Todd Chanko in November. -- Peabody Energy, analyzed by Dan Victor last September.
This is a weekly column. Read last week's edition here.
Roblox
The gaming platform has fizzled 40% over the last three months, which I think presents an opportunity. The stock now trades 50% off its annual peak made on July 31.
On its weekly chart, the weakness started with a double top after a bearish shooting star candle the first week of August with the November 2021 time frame. The last two weeks recorded consecutive doji candles, which are adept at signaling potential trend changes, and today is retesting a prior break above a cup with handle pivot of $75.84. Look for this stock to travel toward $135 by year end 2026, which would represent a gain of 78% from current prices. Remain bullish above $69.
Roblox was trading around $76 Tuesday.
Brunswick
The recreational boating company has added 17% over the last year and pays a dividend yield of more than 2%. The stock underwent an ugly 19 of 21 week losing streak from November 2024 to April 2025. It has now gained back almost all of those losses and closed the last three weeks very tautly -- each close separated by 23 cents or less -- for very bullish action given the big run.
On its daily chart, notice how since June it has been steadily outperforming retail peers on the ratio chart against the State Street Consumer Discretionary Select Sector ETF. As well take notice of the accumulation in the fourth quarter with big volume accompanying price appreciation. Since November, the 200-day simple moving average is sloping higher suggesting favorable long term secular trend. The stock is holding its 21-day exponential moving average nicely. Enter here after Tuesday's break above a bull flag pivot of $76.25, which could see a move toward $100 in the second half of 2026. That represents a gain of 19% from current prices. Remain bullish above $74.
Brunswick was trading at $80 Tuesday.
Peabody Energy
The coal producer has rallied over the last year, advancing more than 50%. Even with the stock falling five of the last six weeks, it is still 13% off its most recent 52-week high. That was a prudent pause after an enormous move of 275% from the April lows to the recent peak in mid October.
The stock has come a long way since bouncing off the very round $10 number after completing a bullish island reversal on April 8. That 9% gap up was followed up by another 9% advance the following day. A bullish golden cross was recorded in August as the 50-day simple moving average crossed above the 200-day simple moving average. Its daily chart represents a nice opportunity as it approaches a cup with handle pivot of $31.90. The base began with a bearish dark cloud cover candle on Oct. 15 and bottomed with a bullish hammer on Oct. 30. Look for this to travel toward $51 by year end, which would represent a gain of % from current prices. Remain bullish above $27.50.
Peabody Energy was trading around $32.50 Tuesday.
As always, the charts will ultimately decide whether these former picks are setting the stage for another sustained move.
Doug Busch is the senior technical analyst at Barron's Investor Circle . His technical view is added to stock picks, including those published exclusively for Investor Circle readers. A glossary of technical terms is updated regularly with new entries.
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 06, 2026 23:34 ET (04:34 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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