Continuation Breakout Tuesday 3PM 3/11/2025

by | Mar 11, 2025 | Swing Idea

Overall Sector and Industry Analysis:

The analysis covers the period from February 2, 2025, to March 11, 2025, Eastern Standard Time (EST). Throughout the observed 30-day timeframe, various sectors showed mixed performance, influenced by factors such as economic data releases, geopolitical tensions, and shifts in consumer behavior. Notably, there was a surge in trading volume across several tech and healthcare stocks, likely reflecting investor interest and speculative activity.

Notable Sector Trends:

  • Technology: Stocks such as TRML and OCX in the tech sector showed increased volume and price momentum in the last 10 days, indicating growing investor interest. This trend could be attributed to recent tech innovations or speculative buying.

  • Healthcare: The healthcare sector, represented by tickers like ALHC and OCUL, is exhibiting bullish momentum, supported by steady volume growth.

  • Finance: Financial ETFs like FAZ reflected volatility, often reacting to macroeconomic data and interest rate speculation.

Ticker Performance Prediction:

Based on volume and price trends, the following tickers are likely to witness upward momentum over the next 2-3 days:

  1. TRML – Strong price movement and increasing volume suggest a bullish outlook.
  2. OCUL – Consistent upward trend backed by high volume.
  3. ALHC – Demonstrating bullish patterns with frequent higher lows and volume spikes.

Individual Stock Analysis:

  1. TRML
  • Support Levels: $15.50, $15.30, $15.00
  • Resistance Levels: $16.20, $16.50, $16.80
  • Price Action Prediction: Expect a test of the $16.20 level with potential breakthroughs leading towards $16.50, supported by strong buying signals.
  • Price Targets: $16.20 (immediate), $16.50 (secondary)
  • Entry Point: Around $15.50 or on any strong pullback.
  • Stop-loss: Just below $15.30 to account for volatility.
  • Chart: finviz dynamic chart for TRML
  1. OCUL
  • Support Levels: $8.10, $7.95, $7.75
  • Resistance Levels: $8.50, $8.60, $8.80
  • Price Action Prediction: Anticipate a push past $8.50 with room to test $8.60, driven by continued volume interest.
  • Price Targets: $8.50 (primary), $8.60 (extended)
  • Entry Point: Near $8.10 to capitalize on potential gains.
  • Stop-loss: Set below $7.95 to minimize downside risk.
  • Chart: finviz dynamic chart for OCUL
  1. ALHC
  • Support Levels: $15.50, $15.30, $15.10
  • Resistance Levels: $15.80, $16.00, $16.25
  • Price Action Prediction: A climb towards $15.80 is likely, with potential to reach $16.00 on strong buying pressure.
  • Price Targets: $15.80 (short-term), $16.00 (aggressive target)
  • Entry Point: Around $15.50, looking for a dip entry.
  • Stop-loss: Below $15.30 to handle unexpected turns.
  • Chart: finviz dynamic chart for ALHC

This strategic approach emphasizes entering trades close to support levels to optimize entry points, while setting realistic short-term targets based on recent trading behavior and anticipated movement, all the while maintaining sound risk management through effective stop-loss placement.