Overall Sector and Industry Analysis (Date Range: 2025-01-04 to 2025-02-03 EST):

In the span of the past 30 days, several sectors have demonstrated interesting movements that are noteworthy for a short-term swing trader. Here are some insights:

  1. Technology Sector: The technology sector has been generally bullish. Notable tickers include GOCO, CDNS, and NET, which are observing upward momentum thanks to strong volume over the recent days, indicating potential for further upside.

  2. Healthcare Sector: Stocks like UNH, HCA, and IDXX have seen mixed performance with some signs of consolidation. UNH, in particular, shows signs of an upward trend building over the past ten days.

  3. Consumer Discretionary: Equities like AMZN, MCD, and CVNA have displayed a bullish trend, particularly after a prior consolidation phase. The volume has been steady, indicating strong investor interest.

  4. Financial Sector: Both COF and JPM show potential upside due to recent upticks in volume and price breaking key resistance levels.

  5. Energy Sector: Companies like TSM and BDX appear poised for further gains, with recent price action supported by substantial trading volumes.

  6. Industrials: The industrial sector shows some mixed signals, with HD and MAR showing stability, while some stocks, such as DE, have experienced bearish movements.

Ticker Performance Prediction:

  • GOCO, CDNS, NET, and UNH are likely to see upward price movements in the next 2-3 days. They are exhibiting strong bullish signals with increasing volume and recent breakouts above resistance levels.

Individual Stock Analysis:

GOCO:

  • Support Levels: 15.90, 16.00, 16.16
  • Resistance Levels: 16.52, 16.75, 17.00

  • Price Action Prediction: Expect a rally towards 16.75 with potential to test 17.00 due to high momentum.

  • Multiple Price Targets: Short-term target near 16.75 and extension to 17.00, considering the daily ATR is around 0.70.
  • Possible Entry Points: Near 16.00 for a favorable entry as a pullback could occur.
  • Stop-Loss Level: Just below 15.90 to limit downside risk.
finviz dynamic chart for  GOCO

CDNS:

  • Support Levels: 296.12, 296.67, 295.80
  • Resistance Levels: 298.25, 298.98, 299.50

  • Price Action Prediction: Likely to sustain a move toward the 298.98 level driven by strong volume.

  • Multiple Price Targets: Short-term rally towards 299.50, which aligns with recent highs.
  • Possible Entry Points: Entries around 296.67 could provide a good risk-to-reward opportunity.
  • Stop-Loss Level: Situated below 295.80 to protect against unexpected breakdowns.
finviz dynamic chart for  CDNS

NET:

  • Support Levels: 136.95, 137.45, 137.82
  • Resistance Levels: 138.37, 138.50, 139.00

  • Price Action Prediction: Potential climb to resistance of 138.50 and then 139.00 driven by bullish sentiment.

  • Multiple Price Targets: Initial target of 138.50, with further gains to 139.00.
  • Possible Entry Points: Around 137.82 could be an ideal entry during pullbacks.
  • Stop-Loss Level: Below 136.95 to shield from volatility.
finviz dynamic chart for  NET

UNH:

  • Support Levels: 548.62, 550.00, 550.63
  • Resistance Levels: 552.75, 553.69, 555.00

  • Price Action Prediction: Expected consolidation near 552.75 with a potential break to 555.00.

  • Multiple Price Targets: Look for a move to 553.69, stretching towards 555.00 if bullish momentum holds.
  • Possible Entry Points: Around 550.63 during minor corrections.
  • Stop-Loss Level: Under 548.62 serves as a safety net for unexpected drops.
finviz dynamic chart for  UNH

In summary, while the overall market conditions are favorable, careful entry around key support levels is essential, along with setting tight stop losses to protect capital during volatile market swings.