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Continuation Breakout Monday 11AM 10/13/2025

October 13, 2025 6 min read

Overall Sector and Industry Analysis (EST range reviewed: 2025-10-10 16:00 to 2025-10-13 11:00)

  • Data note: The upload contains intraday 30-min bars from today (10/13) plus a single print from 10/10 for several tickers, not a full 30-day daily series. The commentary below emphasizes the last 10 sessions thematically and leans heavily on today’s price/volume behavior and where each name sits intraday versus obvious supply/demand. If you can share the daily 30-day file, I’ll refine longer-term levels.
  • Healthcare distributors showing leadership: MCK (McKesson) and COR (Cencora) are grinding higher with higher highs and healthy morning volume. That’s a constructive tell for healthcare distribution within Healthcare. Both are trading near session highs and holding gains, which typically precedes 1–3 day continuation when dips remain shallow.
  • Life sciences tools: WAT (Waters) is comparatively muted and range-bound intraday. Neutral read for Life Sciences Tools/Diagnostics; leadership sits with the distributors today, not tools.
  • Biotech/specialty pharma: IMAB is in momentum mode with outsized early volume and a push from ~4.8 to mid-5s, then consolidating above 5.5. Risk-on tone within small/micro-cap biotech.
  • Materials/Energy (met coal): METC gapped and ran with strong turnover; buyers defended higher lows after an opening drive. That’s classic short-term momentum behavior in cyclicals.
  • Defense/Aerospace: AVAV continues to act like a leader, reclaiming 400 after an opening shakeout and pressing toward the morning highs. Strong bid in defense momentum.
  • Clean energy/industrial small-cap: FLUX had an early squeeze and then faded toward VWAP/low-6s; overhead supply remains. Mixed tone for this pocket of the market.
  • Micro-cap/penny: LOBO is extremely thin and headline/flow driven. Any read is less about sector and more about liquidity; treat signals with caution.

Notable short-term patterns:

  • Breakout/continuation setups with expanding volume: AVAV, METC, IMAB.
  • Steady trend grind with shallow pullbacks: MCK, COR.
  • Inside/range day or early pop-fade: WAT (range), FLUX (pop-fade), LOBO (illiquid micro).

Ticker Performance Prediction (next 2–3 days)

  • Most likely to continue up: MCK, COR, METC, AVAV. Speculative potential continuation: IMAB (higher risk).
  • Strongest bullish signals today:

– MCK: Higher highs, holding gains; heavy 10:00–10:30 buying; shallow pullbacks.
– METC: Gap-and-go, defended higher low, buyers active above 52.
– AVAV: Reclaim and hold above 400 with multiple attempts at HOD; trend intact.
– COR: Low-volatility grind near HOD; consistent bid.
– IMAB: High relative volume and consolidation above the morning breakout base.

Individual Stock Analysis (1–3 day swing framework)

MCK (McKesson) – Healthcare Distribution

  • Key support (daily/supply-demand reference using intraday anchors):

– 765–766 (intraday pivot/10:00 base)
– 760 (round number; morning consolidation shelf)
– 752.5 (opening low/gap support)

  • Key resistance:

– 772.99–773.00 (session HOD)
– 775 (round number/likely supply)
– 780 (round number extension)

  • 30-min price-action outlook (2–3 days):

– If 765–766 holds on dips, expect a push/retake of 773, then 775. Sustained closes above 775 open 780 within 1–3 sessions.
– Lose 760 on a closing basis and a fade toward 755–753 gap support is likely before buyers try again.

  • Swing targets (assumes ~12–15 ATR; using conservative 0.3–0.7x ATR bands):

– T1: 772.5–775
– T2: 780–785
– Stretch: 790

  • Entries:

– Pullback buy: 765–767 with confirmation of higher low.
– Breakout buy: >773 on expansion in volume.

  • Stops:

– Under 759 (tight) or 756 (below morning shelf).

  • finviz dynamic chart for  MCK

COR (Cencora) – Healthcare Distribution

  • Key support:

– 318.0 (intraday pivot)
– 316.85–317.0 (session pullback low)
– 313.6 (opening low/demand zone)

  • Key resistance:

– 319.62 (session HOD)
– 320.0 (round number; likely supply)
– 322–323 (next overhead supply zone)

  • 30-min price-action outlook (2–3 days):

– Holding above 318 favors a grind through 320, then 322–323. A close above 320 increases odds of a 1–2 day continuation.
– Lose 317 on a closing basis and a test of 315 then 314–313.6 is probable.

  • Swing targets (assumes ~4–5 ATR):

– T1: 320.0
– T2: 322–323
– Stretch: 325

  • Entries:

– Pullback buy: 317.2–318.2 on higher low print.
– Breakout buy: >319.70–320.10 with rising volume.

  • Stops:

– Under 316.4 (tight) or 314.8 (beneath demand zone).

  • finviz dynamic chart for  COR

METC (Ramaco Resources) – Met Coal/Materials

  • Key support:

– 52.00–52.10 (VWAP/pullback buy zone)
– 51.45 (session low after the open)
– 49.70–49.85 (pre-market pivot/psych 50)

  • Key resistance:

– 52.92–53.25 (intraday HOD/supply band)
– 54.50 (prior swing supply estimate/half-dollar)
– 55.00 (round number)

  • 30-min price-action outlook (2–3 days):

– Above 52, expect re-test of 53.25, then 54.5. A close >53.3 increases odds of a 54.5–55 tag within 1–2 sessions.
– Losing 51.45 invites a deeper pullback toward 50.5–50.

  • Swing targets (assumes ~2.0 ATR):

– T1: 53.25
– T2: 54.50
– Stretch: 55.50–56.00

  • Entries:

– Pullback buy: 51.80–52.15 with higher-low confirmation.
– Breakout buy: >53.30 on volume surge.

  • Stops:

– Tight: 51.30; Conservative: below 50.90.

  • finviz dynamic chart for  METC

AVAV (AeroVironment) – Defense/Aerospace

  • Key support:

– 400–401 (psych level/now acting as support)
– 392 (pre-market/early session demand)
– 381 (opening flush low)

  • Key resistance:

– 408.4–408.8 (session HOD area)
– 412 (next likely supply)
– 420 (round-number extension)

  • 30-min price-action outlook (2–3 days):

– Hold 400 on 30-min closes and AVAV likely re-tests 408–409; above that, 412. Momentum continuation could reach 418–420 in 1–3 sessions if volume persists.
– Lose 400 on a closing basis and 396–392 becomes a buy-the-dip watch.

  • Swing targets (assumes ~15–18 ATR):

– T1: 408–409
– T2: 412–414
– Stretch: 420–422

  • Entries:

– Dip buy: 400–401 with proof of buyers stepping in.
– Breakout buy: >409 with expanding volume and tight risk.

  • Stops:

– Tight: 397.5–398; Conservative: below 396.

  • finviz dynamic chart for  AVAV

IMAB (I-Mab) – Biotech (speculative)

  • Key support:

– 5.55–5.60 (intraday consolidation base)
– 5.50 (psych/half-dollar)
– 5.25 (gap support)

  • Key resistance:

– 5.85–5.89 (session HOD area)
– 6.00 (psych level)
– 6.20–6.30 (extension supply)

  • 30-min price-action outlook (2–3 days):

– As long as 5.55 holds, look for a push to 5.90–6.00. Sustained trade above 6.00 can accelerate toward 6.20–6.30; momentum tape could overshoot to 6.50–6.60.
– A 30-min close below 5.50 likely sends it to 5.25–5.30 before another attempt.

  • Swing targets (assumes ~0.6–0.8 ATR):

– T1: 5.95–6.00
– T2: 6.20–6.30
– Stretch: 6.50–6.60

  • Entries:

– Pullback buy: 5.58–5.62 with higher low/volume support.
– Breakout buy: >5.90 on rising volume.

  • Stops:

– Tight: 5.44; Conservative: below 5.25.

  • finviz dynamic chart for  IMAB

Names to de-prioritize for longs near term (unless conditions change)

  • WAT: Inside/range behavior today with lighter volume; needs a catalyst and/or a decisive break above 336.9 to get traction. Support 332.5–333.0; resistance 336.9–337.0. A close above 337 could open 340; below 332 risks 330–329.
  • FLUX: Early squeeze then lower highs; would want to see a 6.42 reclaim and hold to revisit 6.80; otherwise risk of chopping between 6.10–6.40.
  • LOBO: Extremely thin; signals unreliable. Only for experienced micro-cap traders with strict risk controls.

Risk and execution notes

  • Use volume confirmation on all breakout entries; avoid thin-level breaks on declining volume.
  • Be mindful of gap fill dynamics in MCK and METC; failed gap holds can accelerate pullbacks.
  • ATR estimates are approximations based on typical behavior and today’s range; adjust targets to your measured ATR if you have the 14-day ATR values.
  • If you can share the last 30 daily candles for each ticker, I’ll refine the higher-timeframe support/resistance and ATR-based targets.
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