Continuation Breakout Friday 11AM 1/16/2026

Overall Sector and Industry Analysis
Datetime range analyzed (EST): 2026-01-15 16:00 through 2026-01-16 11:00, using your 30-minute bars (a few symbols include pre/after-hours prints). Note: since the upload contains only very recent bars and not a full 30-day history, the commentary leans on the latest 10-day tone inferred from sector rotation and today’s momentum/volume profiles.

• Power/electrification and data infrastructure strong: ETN, PWR, VRT, and POWL all showed opening range expansions on heavy volume with shallow mid-morning pullbacks—classic momentum retention in industrial/electrification and data-center adjacencies. EQIX held range but lagged the beta leaders (VRT strongest grind).
• Metals/energy transition mixed: CCJ (uranium) stayed firm with a higher-low recovery; GLD sold off early and stabilized, suggesting rotation toward uranium/nuclear (CCJ) over gold in the short term.
• Financials steady to firm: JPM and AXP both stair-stepped higher intraday with controlled pullbacks—constructive but slower-beta swings vs the high-momentum group.
• Semis/mixed hardware: SITM showed a decisive trend day higher (multiple pushes), while WOLF chopped and lagged—positive dispersion favoring quality/beta.
• High-beta tech and space/geospatial: PL and SPIR both posted expansion ranges and held higher lows—risk-on tone in small/mid-cap growth.
• Crypto miner: IREN led with a sustained trend and strong breadth of buyers across the morning—top relative strength in the set.
• Homebuilders hesitated: MTH, SKY, CCS each popped early then faded into midday—supply overhead remains; prefer strength confirmation before longs.
• Small/micro-cap biotech and medtech: SENS trended cleanly; NTLA, TGEN, IRWD saw selective buying but are more liquidity-sensitive—trade smaller and close to levels.
• Consumer/credit and mortgages: LDI broke out above 2.90-2.95 with follow-through—constructive early-stage trend day.
• Transports: JBHT had a hot open, then mean-reversion; neutral for short-term momentum until it reclaims intraday highs.

Noticeable patterns: momentum clustering in electrification/data center (ETN, PWR, VRT, POWL) and high-beta growth (IREN, PL, SITM, SENS, LDI). Precious metals faded (GLD), uranium bid (CCJ).

Ticker Performance Prediction (next 2–3 trading days)
Most likely to continue higher (momentum/volume confirmation today):

• IREN, PL, VRT, ETN, PWR, SITM, SENS, LDI, CCJ

Strongest bullish signals: IREN (trend day + heavy volume; higher highs/higher lows), SITM (multiple pushes; closes near highs), VRT (persistent bid), ETN/PWR (gap-and-hold, shallow pullbacks), PL (held above 30 after expansion), SENS (clean intraday trend), LDI (fresh breakout continuation).

Individual Stock Analysis
Note: Support/resistance levels focus on obvious intraday supply/demand zones and nearby psych levels given the data window; ATR-based targets are approximations from today’s realized range.

IREN

• Key support: 56.00–55.90 (11:00 consolidation), 55.00 (psych), 54.10–54.20 (10:00/10:30 demand pivot)
• Key resistance: 56.49 (HOD), 57.50, 59.00
• 30-min outlook (2–3 days): Prefer continuation above 55.90–56.10; a bull flag above 56 could push a second leg. Lose 55 and you likely retest 54.1–54.2 before buyers reassert.
• Price targets (1–3 day): 57.00, 58.20, 59.80 (approx 0.5–1.5x today’s range)
• Entry ideas: Pullbacks 55.40–55.80; add on reclaim of 56.50 with volume
• Stop-loss: 54.80 (tight), or 53.90 (beneath demand)

PL

• Key support: 30.00 (psych), 29.80 (10:30 low), 29.50 (round, prior demand)
• Key resistance: 30.72 (10:00 HOD), 30.90 (opening peak), 31.50
• 30-min outlook: Holding above 30 sustains the breakout structure; expect a tight flag and possible afternoon/morning push. Slip under 29.80 opens 29.50 backtest.
• Price targets: 30.90, 31.40, 32.00
• Entry ideas: 30.00–30.20 retests; momentum add through 30.75–30.90
• Stop-loss: 29.48–29.60 (beneath demand shelf)

VRT

• Key support: 176.15 (10:00 pivot), 175.50 (10:30 low), 174.60–174.70 (open area)
• Key resistance: 178.38 (10:30 high), 179.00, 180.00
• 30-min outlook: Grinding uptrend intact while holding 176–176.5; look for a coil under 178–179 then breakout.
• Price targets: 178.80, 180.00, 181.50
• Entry ideas: 176.50–176.80 pullback fills; add on through 178.40 with volume
• Stop-loss: 175.30 (beneath structure)

ETN

• Key support: 348.60–348.90 (11:00/10:30 close zone), 346.73 (opening range high/pivot), 344.72–344.95 (10:00/10:30 base)
• Key resistance: 349.60 (11:00 high), 350.00, 352.00
• 30-min outlook: Gap-and-hold pattern. As long as 348–349 holds, expect measured grind higher; failure opens 346.7 retest.
• Price targets: 350.50, 352.00, 354.00
• Entry ideas: 348.9–349.2 on dips; add through 349.6–350
• Stop-loss: 347.80–348.00

PWR

• Key support: 470.00, 469.27 (10:00 low), 467.08 (10:30 low)
• Key resistance: 473.03 (11:00 high), 475.52 (10:00 high), 477.92 (ORH)
• 30-min outlook: Strong open, controlled pullback. Expect a retest of 473–476 if 470 holds; reclaiming 475.5 would target prior ORH.
• Price targets: 474.50, 476.80, 479.00
• Entry ideas: 470.5–471.2 dips; momentum add on 473.1 break
• Stop-loss: 468.70 (beneath pullback low)

SITM

• Key support: 376.75 (10:00 close), 375.50 (10:30 open), 373.38 (10:30 low)
• Key resistance: 380.41 (11:00 high), 382.00, 385.00–386.00
• 30-min outlook: Trend day with higher closes; a brief flag under 380 can resolve higher. Below 375.5 invites 373–374 check.
• Price targets: 382.50, 386.00, 390.00
• Entry ideas: 376.8–377.5 pullbacks; add on 380.5 break with volume
• Stop-loss: 373.00–373.40

SENS

• Key support: 7.85–7.90 (11:00 zone), 7.65 (10:30 low), 7.48 (10:00 base)
• Key resistance: 8.03 (10:30 high), 8.20, 8.50
• 30-min outlook: Clean intraday uptrend; expect a cup-and-handle style coil under 8.03–8.10. Lose 7.65 and momentum stalls.
• Price targets: 8.05–8.10, 8.25, 8.50
• Entry ideas: 7.85–7.92 dips with tight risk; add through 8.03
• Stop-loss: 7.62–7.64

LDI

• Key support: 2.98 (10:00 close), 2.95 (10:00 low), 2.93 (10:30 pullback)
• Key resistance: 3.03–3.04 (session highs), 3.10, 3.25
• 30-min outlook: Fresh breakout above 2.90 held. Over 3.04 can trigger a quick momentum scalp; under 2.95 likely a backfill to 2.93.
• Price targets: 3.05, 3.12, 3.25
• Entry ideas: 2.96–2.99 pullback buys; add through 3.04
• Stop-loss: 2.92

CCJ

• Key support: 117.20–117.30 (11:00 low), 115.47 (10:00 close), 114.38 (10:30 low)
• Key resistance: 117.75–118.00 (11:00/psych), 118.54 (opening spike high), 120.00
• 30-min outlook: Bought-the-dip profile, reclaimed VWAP-zone intraday. Hold above 117.2 and a push into 118.5 is reasonable; lose 115.5 and you likely revisit 114s.
• Price targets: 118.50, 119.80, 121.00
• Entry ideas: 117.0–117.3 dips; momentum add through 118.00–118.10
• Stop-loss: 115.90

Additional quick notes on others (momentum watchlist, not primary setups here)

• SPIR: Expansion then sideways under 12; needs 11.90–12.00 reclaim for continuation, support 11.60–11.70.
• STEM: Strong intraday trend; watch 21.00–21.10 support and 21.50 breakout.
• POWL: Strong morning volatility; advanced but spiky—trade smaller, watch 436–440 resistance, 423–426 support.
• GLD: Distribution early; bounces likely sold below 424–425 until trend changes.

Risk management

• Size down in thinner names (SENS, LDI) and keep stops tight under clearly defined demand zones.
• If the breakout fails on first attempt, expect a deeper backfill to the next support; avoid averaging down in momentum setups.

If you want, upload full 30-day daily bars to refine daily ATRs and multi-week support/resistance with higher precision.