$20+|20%+ Wk Friday 6/07/2024

Overall Sector and Industry Analysis

Datetime Range: May 8, 2024 – June 7, 2024 (EST)

Over the analyzed period, the market has experienced mixed performance across the sectors and industries reflected in the dataset. Here’s a breakdown:

• Technology Sector: Stocks such as ADBE, ASML, and NVDA have shown considerable movement, with substantial trading volumes indicating high investor interest and activity. ASML and NVDA exhibit a slight consolidation pattern, potentially setting up for a breakout.
• Biotechnology and Pharmaceuticals: AGIO, AKRO, AFMD have demonstrated varied performance. AGIO and AKRO displayed slight bullish momentum with moderate to high volumes, suggesting steady buying interest.
• Consumer Discretionary Sector: Close monitoring for CMG and BKNG indicates strong performance driven by recent upward trends in trading volume, suggesting renewed buyer interest.
• Financial Sector: Less pronounced movements with stocks like BOIL, DOGZ, showing relatively stable prices and moderate volumes.

Ticker Performance Prediction

• Likely to Go Up: CMG, NVDA, AGIO, AKRO, CRWD, LRCX
• Strong Bullish Signals: NVDA, CMG, CRWD, AGIO

Individual Stock Analysis

NVDA (NVIDIA Corporation)

• Support Levels:
  • $1200
  • $1190
  • $1180
• Resistance Levels:
  • $1210
  • $1220
  • $1230
• Price Action Prediction:
  • Entry Points: Around $1200 (support level)
  • Price Targets: $1210, $1220, $1230 (next 1-3 days)
  • Stop-Loss: Near $1190

CMG (Chipotle Mexican Grill, Inc.)

• Support Levels:
  • $3160
  • $3150
  • $3140
• Resistance Levels:
  • $3180
  • $3190
  • $3200
• Price Action Prediction:
  • Entry Points: Near $3160
  • Price Targets: $3180, $3190, $3200 (next 1-3 days)
  • Stop-Loss: Around $3150

AGIO (Agios Pharmaceuticals, Inc.)

• Support Levels:
  • $47.00
  • $46.50
  • $46.00
• Resistance Levels:
  • $47.80
  • $48.00
  • $48.20
• Price Action Prediction:
  • Entry Points: Near $47.00
  • Price Targets: $47.80, $48.00, $48.20 (next 1-3 days)
  • Stop-Loss: Around $46.50

AKRO (Akero Therapeutics, Inc.)

• Support Levels:
  • $23.00
  • $22.80
  • $22.60
• Resistance Levels:
  • $23.20
  • $23.40
  • $23.60
• Price Action Prediction:
  • Entry Points: Near $23.00
  • Price Targets: $23.20, $23.40, $23.60 (next 1-3 days)
  • Stop-Loss: Around $22.80

CRWD (CrowdStrike Holdings, Inc.)

• Support Levels:
  • $370.00
  • $368.00
  • $366.00
• Resistance Levels:
  • $374.00
  • $376.00
  • $378.00
• Price Action Prediction:
  • Entry Points: Around $370.00
  • Price Targets: $374.00, $376.00, $378.00 (next 1-3 days)
  • Stop-Loss: Near $368.00

LRCX (Lam Research Corporation)

• Support Levels:
  • $962
  • $960
  • $958
• Resistance Levels:
  • $966
  • $968
  • $970
• Price Action Prediction:
  • Entry Points: Near $962
  • Price Targets: $966, $968, $970 (next 1-3 days)
  • Stop-Loss: Around $960