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Continuation Breakout Friday 12PM 1/10/2025

January 10, 2025 2 min read

Overall Sector and Industry Analysis (2025-01-10 to 2025-01-10 EST):

Based on the provided recent data for January 10, 2025, these stocks hail from various sectors, reflecting different sectorial and industry-specific momentum. Here’s a brief breakdown:

  1. HUM (Humana Inc.) – As a healthcare company, HUM showed stability with moderately increasing volumes and consistent price maintainance. It’s a signal of potential consolidation after hitting a crucial resistance level.

  2. FTAI (Fortress Transportation and Infrastructure Investors LLC) – In the transportation infrastructure sector, FTAI exhibited a strong uptick in volume and price, indicating robust momentum likely linked to sectoral trends towards infrastructure investments.

  3. COE (51Talk Online Education Group) – Operating in the online education sector, COE showed a significant spike in price on high volume, suggesting a bullish sentiment. The sector may be experiencing renewed investor interest.

  4. JL, GDHG, DOGZ, CDW, SUPV – While each comes from different sectors, such as technology, consumer discretionary, and financials, they generally show moderate investor interest and steady volume, indicating sector-specific patterns.

A key observable trend is a bullish sentiment for tech and education-related equities, with COE showing potential strong movement.

Ticker Performance Prediction:

Based on the recent volume and price action analysis from January 10, 2025:

  • FTAI and COE are likely candidates for upward movement in the next 2-3 days, driven by strong volume inflows and price jumps.

  • COE, in particular, presents strong bullish signals with high volume corresponding with a significant price increase.

Individual Stock Analysis:

FTAI Analysis

Support Levels:

  • 177.50 (previous short-term low)
  • 176.00
  • 172.50

Resistance Levels:

  • 179.80 (recent high on 10:30)
  • 180.00 (psychological level)
  • 181.50

Price Action Prediction:

  • Upward potential towards first target around 179.80.
  • Secondary target could be near psychological 180.50.

Entry Point Recommendations:

  • Consider entry near 177.50 for a short-term bounce opportunity.

Stop-Loss Levels:

  • Suggested stop-loss around 176.00, which is a safer buffer from a major support breach.

Chart: finviz dynamic chart for  FTAI

COE Analysis

Support Levels:

  • 19.70 (the session low)
  • 19.95
  • 19.60

Resistance Levels:

  • 21.00 (recent high)
  • 21.50
  • 22.00 (a strong breakout target)

Price Action Prediction:

  • Expect bullish momentum continuation targeting 21.00 and potentially even higher to 21.50-22.00.

Entry Point Recommendations:

  • Ideal entry near 19.95, looking for continuation of bullish movement.

Stop-Loss Levels:

  • Consider placing a stop-loss at or near 19.60 to protect against downside volatility.

Chart: finviz dynamic chart for  COE

These predictions are based on market momentum and price action patterns. Always consider overall market conditions and individual risk tolerance before making trading decisions.

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