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Continuation Breakout Friday 12PM 8/01/2025

August 1, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: July 2, 2025, to August 1, 2025, in EST.

The past 30 days have displayed a notable shift in momentum across various sectors. The technology and healthcare sectors have demonstrated a consistent upward price movement with increased volume, indicating strong interest from investors. Notable tickers in these sectors include SYK (Stryker Corporation) and URGN (UroGen Pharma), which have shown steady price appreciation.

In contrast, the energy sector, represented by BE (Bloom Energy Corporation), has faced mixed performance with fluctuating prices but maintaining high volume, suggesting potential volatile movements in the short term.

The electric vehicle (EV) sector, with NIO (NIO Inc.) as a representative, has experienced steady downward pressure, reflected in decreasing prices and moderately high volume, showing a bearish trend in the short-term outlook.

Noticeable Trends/Patterns:

  1. Technology Sector: Stocks like SYK and ONC have capitalized on increased demand for innovation and tech solutions, which is evident from their positive price trend and substantial trading volume.

  2. Healthcare Sector: URGN shows a steady upswing in its price coupled with rising volume, indicating robust investor interest likely due to positive sectoral developments.

  3. EV Sector: NIO struggled with maintaining its price levels, witnessing a consistent bearish trend amidst high volume, which could be attributed to broader sectoral challenges or competition pressures.

Ticker Performance Prediction:

Likely to Go Up in the Next 2-3 Days:

  1. URGN (UroGen Pharma): With a visible bullish pattern and increasing volume, this stock is primed for a short-term upswing.
  2. SYK (Stryker Corporation): The steady price climb and volume indicate a strong bullish trend.
  3. APPF (AppFolio Inc.): Significantly rising prices and volume point toward continued upward momentum.

Stocks Showing Strong Bullish Signals:

  • URGN displays consistent higher highs and strong volume spikes.
  • SYK maintains a consistent uptrend on the 30-minute chart.

Individual Stock Analysis:

URGN (UroGen Pharma)

  • Support Levels: $18.58, $18.96, $19.03
  • Resistance Levels: $19.22, $19.30, $19.50 (daily ATR consideration)
  • Price Action Prediction (Next 2-3 Days): Likely to test the resistance at $19.30 and target $19.50; could retrace to the $19.03 support before making another leg up.
  • Entry Point: Around $19.03 for optimal risk-reward.
  • Stop-Loss Level: Just below $18.96 to safeguard against downside risk.
  • Finviz Chart: finviz dynamic chart for  URGN

SYK (Stryker Corporation)

  • Support Levels: $378.18, $377.00, $379.45
  • Resistance Levels: $381.36, $382.67, $384.00 (target based on daily ATR)
  • Price Action Prediction (Next 2-3 Days): Expected to approach and potentially break the $381.36 resistance, eyeing $384.00 as the next target.
  • Entry Point: Near the $379.45 level.
  • Stop-Loss Level: Below $377.00 to minimize losses on downward movement.
  • Finviz Chart: finviz dynamic chart for  SYK

APPF (AppFolio Inc.)

  • Support Levels: $302.22, $307.17, $310.08
  • Resistance Levels: $312.54, $316.82, $318.00 (target within daily ATR bounds)
  • Price Action Prediction (Next 2-3 Days): Potential continuation towards $316.82, possibly reaching $318 if bullish momentum sustains.
  • Entry Point: At or near $310.08 for a favorable entry.
  • Stop-Loss Level: Below $307.17 to manage risk exposure.
  • Finviz Chart: finviz dynamic chart for  APPF

These selected stocks illustrate strong potential for upward mobility in the 1-3 day outlook, aligned with the observed bullish sentiment in their respective sectors and industries. Always consider current market conditions and adjust entries and exits accordingly.

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