Back to Insights

Continuation Breakout Friday 2PM 9/12/2025

September 12, 2025 2 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: 2025-08-14 to 2025-09-12 (EST).

In the past 30 days, the tech and energy sectors have shown mixed dynamics. Stocks like MU and TSLA showed strong volume and price actions indicative of potential upward momentum, while others like GOOG and PLTR indicated consolidation with a range-bound tendency. There is a notable interest and fluctuation in the semiconductor industry, with stocks such as MU and WDC reflecting substantial trading volumes, indicating heightened investor interest. The clean energy sector, including stocks like NRGV, also reflected significant volume changes, suggesting potential momentum plays.

Ticker Performance Prediction:

Likely to go up in the next 2-3 days:
MU
TSLA
WDC

These stocks have displayed strong bullish signals based on their recent price movements and volume trends.

Individual Stock Analysis:

Micron Technology Inc. (MU):

  • Support Levels:
    • 156.20 (recent swing low)
    • 155.50 (critical psychological level)
    • 154.80 (previous consolidation area)
  • Resistance Levels:
    • 158.07 (recent swing high)
    • 159.00 (day’s range upper band)
    • 160.50 (fibonacci level)
  • Price Action Predictions:
    • Expect MU to maintain positive momentum with a potential test and breach of the 158.07 resistance in the next couple of days.
    • Price targets could be around 158.07 and if broken, aiming towards 160.50.
    • Possible entry near 156.20, with a stop-loss just below 155.50 to avoid false breakouts.
  • Finviz Chart:
    • finviz dynamic chart for  MU

Tesla Inc. (TSLA):

  • Support Levels:
    • 391.08 (recent consolidated base)
    • 389.00 (key psychological level)
    • 387.25 (historical support)
  • Resistance Levels:
    • 395.99 (recent high)
    • 400.50 (round number resistance)
    • 405.00 (extended target before gap-filling)
  • Price Action Predictions:
    • TSLA likely to sustain its rally, retesting 395.99 in the short term with aims towards 400.50.
    • Swing target raised to 405.00 pending volume confirmation and market conditions.
    • Consider entries around 391.08 with a conservative stop-loss around 389.00.
  • Finviz Chart:
    • finviz dynamic chart for  TSLA

Western Digital Corp. (WDC):

  • Support Levels:
    • 97.05 (very recent dip buy point)
    • 96.12 (solidified support)
    • 95.50 (deeper retracement zone)
  • Resistance Levels:
    • 97.73 (immediate resistance)
    • 98.88 (prior range peak)
    • 100.00 (psychological barrier)
  • Price Action Predictions:
    • Watch for a break over 97.73 which could spur moves to 98.88 in the short term.
    • Price targets beyond that are speculative but 100.00 remains a long-term aspirational level.
    • Buy-the-dips strategy around 97.05 with tight risk management below 96.12.
  • Finviz Chart:
    • finviz dynamic chart for  WDC

A broader technical analysis reveals several sectors poised for interesting developments, with tech leading certain resilience amidst broader market shakiness. Keeping watch on volume spikes and breakout scenarios for leading stocks within the tech and clean energy landscapes seems prudent for near-term trading strategies.

Share: