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Continuation Breakout Friday 4PM 8/29/2025

August 29, 2025 3 min read

Overall Sector and Industry Analysis

Datetime Range Analyzed: The data analyzed ranges from the last 30 days leading up to August 29, 2025, with a particular emphasis on developments in the most recent 10 trading days. All times are in Eastern Standard Time (EST).

Sector and Industry Insights:

  1. Precious Metals & Mining:
    • Stocks like HYMC, GDXU, FNV, and JNUG indicate an uptrend with increasing volumes, suggesting renewed interest in precious metals possibly due to global economic conditions favoring a flight to safety.
    • Tickers to Watch: HYMC, GDXU
  2. Technology & Innovation:
    • Stocks within the innovation space such as ACN show steady upward movements, reflecting solid sector support possibly due to increasing market reliance on tech advancements.
    • Tickers to Watch: ACN
  3. Healthcare & Pharmaceuticals:
    • SYK and HUM have shown an uptick in their share prices, coupled with steady volumes, indicating stability and potential growth in response to health sector demand.
    • Tickers to Watch: SYK, HUM
  4. Financial Services:
    • A sector-wide mix of performances is observed. Notably, AXP and AJG demonstrate bullish trends, supported by substantial trading volumes, possibly predicting further upward movement.
    • Tickers to Watch: AXP, AJG
  5. Real Estate:
    • REAX exhibited positive price movements over the last 10 days with increased volumes, indicating potential sectoral growth or investment recalibration.
    • Tickers to Watch: REAX

Ticker Performance Prediction

Likely to Rise in the Next 2-3 Days:
HYMC: Building upward momentum with significant volume spikes.
SYK: Demonstrates repeated upward price moves with an increase in trading activity.
ACN: Consistent price increases and volume support bullish sentiment.
AJG: Short-term bullish trends as suggested by price activity and volume.

Individual Stock Analysis

  1. HYMC
    • Key Support Levels: $4.50, $4.40, $4.30
    • Key Resistance Levels: $4.70, $4.80, $5.00
    • Price Action Prediction: Anticipate a climb towards $4.70 with potential resistance around $4.80 within the next 1-3 days.
    • Price Targets: Near-term targets around $4.70 with extended targets towards $5.00.
    • Entry Point: Around $4.50
    • Stop-Loss Level: Near $4.30
    • finviz dynamic chart for  HYMC
  2. SYK
    • Key Support Levels: $391, $389, $385
    • Key Resistance Levels: $393, $396, $400
    • Price Action Prediction: Short-term upward swing aiming for $393-$396, providing a bullish short entry point.
    • Price Targets: $393 followed by attempts for $396
    • Entry Point: Around $391
    • Stop-Loss Level: Near $389
    • finviz dynamic chart for  SYK
  3. ACN
    • Key Support Levels: $259, $257, $255
    • Key Resistance Levels: $261, $263, $265
    • Price Action Prediction: Anticipate move to resistance levels $261-$263 within the next 3 days bolstered by strong technical support.
    • Price Targets: Near $261 and extend towards $265
    • Entry Point: At or near $259
    • Stop-Loss Level: Below $257
    • finviz dynamic chart for  ACN
  4. AJG
    • Key Support Levels: $302, $300, $298
    • Key Resistance Levels: $304, $306, $310
    • Price Action Prediction: Expect an upward trajectory with a target around $304-$306, a strong follow-through could test $310.
    • Price Targets: $304 followed by $306
    • Entry Point: Near $302
    • Stop-Loss Level: Below $300
    • finviz dynamic chart for  AJG

These analyses should provide a reliable short-term trading strategy across diverse stocks demonstrating momentum and volume architecture favorable for upward short-term movement. Always apply diligent risk management and validate approaches based on real-time market conditions.

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