Continuation Breakout Friday 4PM 3/14/2025

by | Mar 14, 2025 | Swing Idea

Overall Sector and Industry Analysis (Date Range: February 13, 2025, to March 14, 2025, EST):

In examining the recent momentum within the sectors represented by the provided tickers, there are several noticeable trends over the past 30 days. The industries represented include healthcare, technology, aerospace, industrials, and various consumer services.

Observed Trends:

  1. Healthcare & Pharmaceutical: Stocks such as AMGN and ABBV showed consistent upward movement with significant volume, indicating a strong sector performance. Healthcare infrastructure symbols like UNH and THG also reflect a positive trend.

  2. Technology & Data: Data from MSTU and MSTR indicates rising interest, likely due to innovative technologies and their applications, driving up volume and price action.

  3. Aerospace & Defense: ERJ and CE indicate moderate activity but have shown some gains, reflecting a generally stable but cautiously optimistic outlook in this industry.

  4. Consumer Services: Stock data from STE and AMT suggest stable consumption patterns, albeit with more subdued volume changes, hinting at a steady rise rather than a sharp increase.

  5. Industrials: Companies like VAL and ASLE denote varied activity. ASLE had reasonably higher volume spikes, whereas PGR maintains a steady trajectory.

Ticker Performance Prediction:

  • Likely to Rise: AMGN, MSTR, UNH, ERJ
  • Bullish Signals: AMGN shows a consistent increase in both price and volume, signaling sustained momentum. MSTU has significant volume spikes, indicating increased investor interest.

Individual Stock Analysis:

  1. AMGN – Likely Uptrend:
  • Support Levels: $313, $312, $310
  • Resistance Levels: $315, $317, $319
  • Price Action Prediction: Expect continued upward movement as investor interest rises, aiming for the $315 target within 2-3 trading days.
  • Price Targets: $315, $317
  • Entry Points: Near $313 on pullbacks
  • Stop-Loss: Below $312
  • Chart: finviz dynamic chart for AMGN
  1. MSTR – Likely Uptrend:
  • Support Levels: $295, $293, $290
  • Resistance Levels: $297, $299, $302
  • Price Action Prediction: With recent significant volume, an approach towards $300 in the near term is probable.
  • Price Targets: $297, $299
  • Entry Points: Near $295 on any dip
  • Stop-Loss: Below $293
  • Chart: finviz dynamic chart for MSTR
  1. UNH – Likely Uptrend:
  • Support Levels: $485, $483, $480
  • Resistance Levels: $488, $490, $495
  • Price Action Prediction: Anticipate movement upwards driven by sector optimism, targeting $490 shortly.
  • Price Targets: $488, $490
  • Entry Points: Around $485 on dips
  • Stop-Loss: Below $483
  • Chart: finviz dynamic chart for UNH
  1. ERJ – Moderate Uptrend:
  • Support Levels: $52.35, $52.00, $51.75
  • Resistance Levels: $53.00, $53.50, $54.00
  • Price Action Prediction: Expect slow upward momentum with targets around $53.00 to $53.50.
  • Price Targets: $53.00, $53.50
  • Entry Points: Near $52.35 on pullbacks
  • Stop-Loss: Below $52.00
  • Chart: finviz dynamic chart for ERJ

These analyses aim to support your trading strategy with clear levels and targets based on recent price-volume dynamics across diverse industries. Each recommendation adheres to favorable risk management procedures with appropriate stop-loss placements.