$20+|20%+ Wk Tuesday 9/03/2024

Overall Sector and Industry Analysis

Datetime Range Analyzed: From 2024-09-03 13:30:00 to 2024-09-03 18:30:00 EST.

Over the past 30 days, the data reflects various stocks from different sectors and industries. Key sectors include technology, finance, healthcare, and industrials. Here are some observations:

1. Technology Sector:
   • Notable stocks: AAOI, MDB, NVDQ, NVDS
   • Volume and price trends suggest consolidation with minor upward momentum. Particularly, MDB has shown consistent volume and slight price upticks, indicating possible accumulation.
2. Finance Sector:
   • Notable stocks: AFRM, MCK
   • AFRM has seen steady but low-volume trading with slight price movements, suggesting cautious investor sentiment. MCK exhibits a steady price incline backed by solid volume, indicating it’s a standout performer in this sector.
3. Healthcare Sector:
   • Notable stocks: GLTO, PCVX
   • Both stocks have shown a spike in volume with gradual price increases, especially PCVX, which has shown strong bullish signals in the recent 10 days of trading.
4. Industrials and Miscellaneous:
   • Notable stocks: AIRI, BYU, DSY
   • These stocks appear to be in a mixed phase with inconsistent volume. DSY, in particular, has shown downward tendencies but is stabilizing, indicating a possible short-term bearish phase.

Ticker Performance Prediction

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

• MDB: Strong bullish signals.
• MCK: Consistent price growth supported by volume.
• PCVX: Intensifying volume and price movement indicating strong bullish momentum.

Individual Stock Analysis

MongoDB (MDB)

• Key Support Levels:
  • $282.00
  • $280.00
  • $278.00
• Key Resistance Levels:
  • $285.00
  • $287.50
  • $290.00

2-3 Day Price Action Predictions:
– 30-Minute Chart Analysis: Expect significant support at $282.00, with potential upside towards the $285.00 resistance.
– Price Targets:
– Near-term: $285.00
– Mid-term: $287.50
– Extended: $290.00
– Entry Points: Around $282.00
– Stop-Loss: Set a stop at $280.00 to manage downside risk.

McKesson Corporation (MCK)

• Key Support Levels:
  • $574.00
  • $572.00
  • $570.00
• Key Resistance Levels:
  • $576.50
  • $578.00
  • $580.00

2-3 Day Price Action Predictions:
– 30-Minute Chart Analysis: Steady rise, anticipate a retest of $576.50 level.
– Price Targets:
– Near-term: $576.50
– Mid-term: $578.00
– Extended: $580.00
– Entry Points: $574.00
– Stop-Loss: Around $572.00

Vaxcyte Inc. (PCVX)

• Key Support Levels:
  • $108.00
  • $107.00
  • $106.00
• Key Resistance Levels:
  • $110.50
  • $112.00
  • $113.50

2-3 Day Price Action Predictions:
– 30-Minute Chart Analysis: Increasing volume suggests momentum towards $110.50.
– Price Targets:
– Near-term: $110.50
– Mid-term: $112.00
– Extended: $113.50
– Entry Points: Around $108.00
– Stop-Loss: Set tight at $107.00

Summary

Considering recent price and volume data, MongoDB (MDB), McKesson Corporation (MCK), and Vaxcyte Inc (PCVX) show promising momentum for short-term upward movement. Each has security-specific support and resistance levels to guide entry, exit, and stop-loss decisions effectively. The overall market environment and trends, particularly in technology and healthcare sectors, provide a conducive backdrop for these potential trades.

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