Continuation Breakout Thursday 3PM 3/13/2025

by | Mar 13, 2025 | Swing Idea

Overall Sector and Industry Analysis

Datetime Range in EST Analyzed:
From February 12, 2025, to March 13, 2025.

Sector and Industry Performance

The analysis over the past 30 days indicates a varied performance across different sectors. Notably, certain sectors have started showing signs of momentum, driven by recent increases in volume and trading activity. The Technology sector, represented by stocks such as BABA and YINN, has displayed considerable volatility but seems to be gathering momentum. Financials, indicated by stocks like CME, have been relatively steady, although slight upticks in trading volumes suggest potential near-term moves.

Noticeable Trends

  1. Technology Sector:
    • BABA: Demonstrates an increase in trading volume, indicating renewed interest amidst existing volatility. Short-term price momentum is notable.
    • YINN: Shows a strong setup for potential upward movement, with consistent volumes amid positive price actions over the past few days.
  2. Financial Sector:
    • CME: Trading close to its highs with increasing volumes, suggesting a sustained bullish sentiment.

Other sectors like Insurance, represented by TRV, and Biopharmaceuticals, shown by CNSP, show mixed behavior, with no clear momentum observed yet but with potential setups forming.

Ticker Performance Prediction

Likely to Go Up in the Next 2-3 Days:

  • YINN: Bullish consolidation indicates potential upward breakout.
  • BABA: Strong uptrend formation with consistent volume suggests further gains.
  • CME: Steady rise on increasing volume highlights potential upward continuation.

Strong Bullish Signals:

  • CME and BABA with consistent daily closes near or at highs present strong bullish setups.

Individual Stock Analysis

YINN

  • Support Levels: 45.00, 44.70, 44.30
  • Resistance Levels: 45.60, 46.00, 46.40
  • Predicted Price Action: Expect potential breakout above 45.60, aiming towards 46.00 – 46.40.
  • Entry Point: Near 45.00, aligning with support levels.
  • Stop-Loss Level: Below 44.70 to avoid potential breakdowns.
  • Chart: finviz dynamic chart for YINN

BABA

  • Support Levels: 138.00, 137.50, 136.80
  • Resistance Levels: 140.00, 140.50, 141.00
  • Predicted Price Action: Likely to test 140.00 resistance again, targeting 141.00 on a sustained breakout.
  • Entry Point: Around 138.00 offering low-risk entry.
  • Stop-Loss Level: Below 137.50.
  • Chart: finviz dynamic chart for BABA

CME

  • Support Levels: 259.50, 258.60, 257.90
  • Resistance Levels: 260.50, 261.00, 261.50
  • Predicted Price Action: Anticipate move to new short-term highs; 261.00 to 261.50 zone.
  • Entry Point: Near 259.50 provides a reasonable risk/reward setup.
  • Stop-Loss Level: Below 258.60.
  • Chart: finviz dynamic chart for CME

These predictions are based on the existing price-volume trends, acknowledging that sudden market shifts and external factors can significantly alter stock behavior. Traders should consider these analyses as part of a broader trading strategy grounded in comprehensive market research.