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Continuation Breakout Monday 1PM 6/23/2025

June 23, 2025 3 min read

Overall Sector and Industry Analysis:

Date Range Analyzed: June 23, 2025, 11:00 AM to 1:00 PM EST

This dataset includes insights across multiple sectors with notable developments in technology, healthcare, and financial industries. The data highlights a possible bullish trend emerging particularly in tech-related stocks, while the healthcare sector appears mixed, with some stock indications of increased volatility and potential bearish trends in the short term.

Technology Sector:
ARM, CRWD, SLAB, AXON: Noteworthy for their volume and steady movement, suggesting possible continued upward momentum. These stocks had stable and escalating price actions facilitated by relatively balanced demand and supply, indicating an opportunity for momentum trading.
ARM: Stable trading with higher lows noted, combined with solid volume levels.
CRWD: Capturing investor attention by showing resilience around specific price areas, hinting at imminent upswings.

Healthcare Sector:
VERV, PRTA: Mixed signals as VERV shows stabilization after previous highs, while PRTA indicates potential decline with inconsistent volume and declining closing prices.
VERV’s sudden spikes in volume could denote investor interest or news impact, while PRTA struggles seem evident from steady descending patterns.

Financial Sector:
SRM, FICO: Both showcase different momentum; SRM faces considerable selling pressure after recent highs, while FICO maintains its ground above support levels, indicating investor confidence.

Consumer Sector:
TEM, AMBR, SPOT show some downward pressure, with TEM trying to recuperate from morning lows, which suggests traders might exploit pullback trades.
– Consumer electronics represented by TEM and digital retail via AMBR and SPOT have shown varied performance, indicating sector diversity impact.

Ticker Performance Prediction:

Likely to See Upward Moves:
1. CRWD: Indicators suggest strong potential, with sustained volume increases and closing price stability.
2. ARM: Consistent performance and volume suggest potential continued upward momentum.
3. SLAB: Displaying consolidative patterns potentially hinting at a breakout.

Showing Strong Bullish Signals:
CRWD and ARM present as prime candidates for upward activity given their technical behaviors and volume trends.

Individual Stock Analysis:

1. CRWD (CrowdStrike Holdings, Inc.)

  • Support Levels: 482.00, 479.60, 478.00
  • Resistance Levels: 485.80, 487.50, 490.00

Price Action Prediction:
– Immediate target is 485.80; break above propels to 487.50.
– Entry near 482.00 support; stop-loss slightly below 479.60 for risk containment.
– Anticipate movement toward 490.00 if bullish strength persists.

finviz dynamic chart for  CRWD

2. ARM (Arm Holdings Ltd.)

  • Support Levels: 145.00, 143.60, 142.50
  • Resistance Levels: 147.07, 148.00, 149.50

Price Action Prediction:
– Engage long positions near 145.00; optimal targets at 147.07 and 148.00 as volume supports rally.
– Stop-loss advised below 143.60, considering past dip recovery potentials.
– Trending momentum suggests action toward 149.50 if resistance clears.

finviz dynamic chart for  ARM

3. SLAB (Silicon Laboratories Inc.)

  • Support Levels: 140.00, 139.00, 138.00
  • Resistance Levels: 142.50, 144.00, 145.20

Price Action Prediction:
– Look for break above 142.50 to confirm bullish continuation.
– Enter around 141.00 support, protect against dips below 140.00.
– Short-term target around 145.20 if resistance breaches.

finviz dynamic chart for  SLAB

This analysis highlights potential momentum trades in the upcoming days, emphasizing opportunities primarily within the technology sector while also taking into account broader industry trends.

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