Ants Delay 9M Friday 7/19/2024

Overall Sector and Industry Analysis:

Date and Time Range Analyzed:
From 2024-06-19 to 2024-07-19 (EST)

Commentary:

The analyzed stocks come from diverse sectors, such as biotechnology (SRPT, ALNY), technology (APLD, AEHR), social media (PINS), and blockchain mining (HUT). Over the past 30 days, these sectors have shown varying performance levels:

1. Biotechnology (SRPT, ALNY)
   • Trends/Patterns:
     • Biotechnology stocks have generally been volatile, with some sudden price spikes and declines.
     • SRPT has seen significant volume surges, indicating heightened investor interest, while ALNY has shown more stable but increasing trading volumes.
2. Technology (APLD, AEHR)
   • Trends/Patterns:
     • Technology stocks have generally shown an upward momentum, with notable price increases in APLD and AEHR.
     • APLD’s trading volume has surged, particularly in the past 10 days, suggesting strong interest from traders.
3. Social Media (PINS)
   • Trends/Patterns:
     • PINS has been relatively stable but has seen a slight uptick in the last week. Trading volume is robust but varied, reflecting consistent but cautious investor engagement.
4. Blockchain Mining (HUT)
   • Trends/Patterns:
     • HUT has shown patterns of consolidation with occasional spikes, suggesting a market waiting for directional confirmation. Volumes have been relatively lower, indicating lower interest or indecision among traders.

Ticker Performance Prediction:

Likely to go up in 2-3 days:
1. APLD
2. PINS
3. AEHR

Stocks showing strong bullish signals:
– APLD: The increase in both price and volume spells significant interest.
– PINS: Consistent trading volume with a recent price uptick.

Individual Stock Analysis:

1. APLD

Support Levels:
1. $5.62
2. $5.60
3. $5.55

Resistance Levels:
1. $5.75
2. $5.80
3. $5.85

Price Action Prediction (Next 2-3 days):
– Based on the 30-minute chart, APLD is likely to maintain its upward momentum. It could test immediate resistance around $5.75 and potentially break through to $5.80 and $5.85 targets.

Entry Points:
– Around $5.62 – $5.60 (support levels)

Stop-Loss Level:
– Near $5.55 to manage risk

2. PINS

Support Levels:
1. $40.60
2. $40.40
3. $40.20

Resistance Levels:
1. $41.00
2. $41.15
3. $41.30

Price Action Prediction (Next 2-3 days):
– PINS could see a breakout above $41.00 and move towards $41.15 and $41.30 if current momentum sustains. Monitoring increased volume around these levels will be key.

Entry Points:
– Around $40.60 – $40.40

Stop-Loss Level:
– Near $40.20

3. AEHR

Support Levels:
1. $19.03
2. $18.90
3. $18.70

Resistance Levels:
1. $19.37
2. $19.50
3. $19.70

Price Action Prediction (Next 2-3 days):
– AEHR is likely to continue its upward trajectory, potentially testing and moving past resistance levels at $19.37, with next targets at $19.50 and $19.70.

Entry Points:
– Around $19.03 – $18.90

Stop-Loss Level:
– Near $18.70

Monitor these stocks closely for volume changes and price reactions at key support and resistance levels to optimize entry and exit points.