$20+|20%+ Wk Wednesday 9/04/2024

Overall Sector and Industry Analysis

Datetime Range Analyzed: From 2024-08-04 to 2024-09-04 (EST)

The data provided spans across various sectors and industries, including technology, pharmaceuticals, financials, and consumer goods. Here’s a breakdown of the sector and industry performance over the past 30 days, with an emphasis on recent developments in the last 10 days:

1. Technology:
   • Example Tickers: AFRM, FICO, MDB
   • Trend: The technology sector displays a solid upward trend, showcasing increased investor interest in both high-growth tech stocks like AFRM and established giants like FICO and MDB. AFRM has maintained steady gains reflecting strong market sentiment.
2. Pharmaceuticals & Biotech:
   • Example Tickers: ALDX, BBIO, GLTO
   • Trend: This sector has seen substantial activity with heavy trading volumes. BBIO and GLTO have experienced recent bullish momentum, potentially indicating further short-term gains.
3. Financials:
   • Example Tickers: BBAR, BMA, GGAL
   • Trend: The financial sector has shown resilience, particularly in Latin American banks like BBAR and BMA, which have seen steady buying and increased volumes indicating a potential breakout.
4. Consumer Goods:
   • Example Tickers: BBW, TCS, SAIA
   • Trend: This sector has a mixed performance with BBW showing a bullish pattern while stocks like TCS have struggled, indicating investor caution in retail and consumer discretionary stocks.

Ticker Performance Prediction

Based on the analysis, the following tickers show strong bullish signals and are likely to go up in the next 2-3 days:

1. AFRM
2. BBIO
3. GGAL
4. NOW

Individual Stock Analysis

AFRM (Affirm Holdings)

• Support Levels:
  • S1: $40.00
  • S2: $39.50
  • S3: $38.80
• Resistance Levels:
  • R1: $40.50
  • R2: $41.00
  • R3: $42.00
• Price Action Predictions:
  • Next 2-3 Days Target: Expect rapid testing towards $40.50 and possibly $41.00 driven by bullish sentiment and media hype.
  • Entry Point: Around $39.50 near the support level.
  • Stop-Loss: Close below $38.80.
• Finviz Chart:
  • 

BBIO (BridgeBio Pharma)

• Support Levels:
  • S1: $30.00
  • S2: $29.50
  • S3: $29.00
• Resistance Levels:
  • R1: $31.00
  • R2: $32.00
  • R3: $33.00
• Price Action Predictions:
  • Next 2-3 Days Target: Anticipate a move towards $31.00 and possibly $32.00 given recent high volumes and bullish activity.
  • Entry Point: Around $30.00 near the support level.
  • Stop-Loss: Close below $29.50.
• Finviz Chart:
  • 

GGAL (Grupo Financiero Galicia)

• Support Levels:
  • S1: $41.00
  • S2: $40.50
  • S3: $40.00
• Resistance Levels:
  • R1: $42.50
  • R2: $43.00
  • R3: $44.00
• Price Action Predictions:
  • Next 2-3 Days Target: Likely to test $42.50 driven by strong regional banking performance.
  • Entry Point: Around $41.00 near the support level.
  • Stop-Loss: Close below $40.50.
• Finviz Chart:
  • 

NOW (ServiceNow Inc.)

• Support Levels:
  • S1: $830.00
  • S2: $825.00
  • S3: $820.00
• Resistance Levels:
  • R1: $840.00
  • R2: $845.00
  • R3: $850.00
• Price Action Predictions:
  • Next 2-3 Days Target: Potential push to $840.00 area, supported by consistent institutional buying.
  • Entry Point: Around $830.00 near the support level.
  • Stop-Loss: Close below $825.00.
• Finviz Chart:
  •