Continuation Breakout Thursday 4PM 3/13/2025

by | Mar 13, 2025 | Swing Idea

Overall Sector and Industry Analysis

Datetime Range Analyzed: February 12, 2025 to March 13, 2025 (Eastern Standard Time)

During the past 30 days, the analyzed stocks, which span various sectors and industries including financial services, technology, healthcare, industrials, and consumer discretionary, have shown diverse price movements with mixed signals in terms of volume trends. Key movements have been identified in sectors such as insurance (CINF, TRV), technology (BABA, MKTX, CNSP), and consumer discretionary (YOSH).

Sector Trends:
1. Financial Services – Mixed signals with volume indicating potential volatility. Stocks like CINF and TRV have shown varied performances in recent days, with TRV making a noticeable move upwards.
2. Technology and Industrials – Stocks like MKTX and BABA have presented stable growth, while others like ERJ and HII showed sideways actions.
3. Consumer Discretionary – YOSH, in particular, showed a strong price action suggesting positive momentum in the short term.

Ticker Performance Prediction

Bullish Momentum:
– TRV (The Travelers Companies, Inc.): Noticeable upward momentum with consistent volume increase.
– YOSH (Yoshitsu Co., Ltd.): Strong bullish signals with significant upward price movement and volume stability.
– LMT (Lockheed Martin Corporation): Displays bullish signs with recent upward trend and increased volume.

These tickers are likely to experience upward movements in the next 2-3 days due to strong momentum signals supported by volume.

Individual Stock Analysis

TRV (Travelers Companies, Inc.)

  • Support Levels: $254.70, $254.00, $253.50
  • Resistance Levels: $256.75, $257.50, $258.00
  • Price Action Prediction: Over the next 2-3 days, TRV is likely to push towards its resistance at $256.75 with potential testing of $257.50 if momentum persists.
  • Price Targets: Near-term target of $256.75 and possibly $257.50 based on daily ATR.
  • Entry Points: Around $254.70 for a potentially low-risk entry.
  • Stop-Loss: Consider placing a stop-loss near $254.00 to minimize downside risk.
  • Finviz Chart: finviz dynamic chart for TRV

YOSH (Yoshitsu Co., Ltd.)

  • Support Levels: $17.00, $16.90, $16.50
  • Resistance Levels: $18.00, $18.50, $19.00
  • Price Action Prediction: YOSH is expected to maintain its upwards trajectory towards the $18.00 resistance. A break could lead to testing $18.50.
  • Price Targets: Short-term target of $18.00, extended target $18.50.
  • Entry Points: Around $17.00 offers a strategic entry level, aligning with recent support.
  • Stop-Loss: A prudent stop-loss would be set near $16.90.
  • Finviz Chart: finviz dynamic chart for YOSH

LMT (Lockheed Martin Corporation)

  • Support Levels: $467.00, $465.60, $463.00
  • Resistance Levels: $470.50, $472.00, $475.00
  • Price Action Prediction: LMT is anticipated to challenge the $470.50 resistance with potential to extend towards $472.00.
  • Price Targets: Short-term target $470.50, extended $472.00.
  • Entry Points: Enter near $467.00, as it aligns with fresh support.
  • Stop-Loss: Set a stop-loss near $465.60 to avoid deeper losses.
  • Finviz Chart: finviz dynamic chart for LMT

In summary, the sectors exhibit varied dynamics with certain stocks displaying robust technical indicators for upswing in the coming days. Optimistic traders may capitalize on these key levels and analysis to enhance their trading strategies.