Overall Sector and Industry Analysis (EST range reviewed: 2025-12-29 11:30 to 16:00)
Note: Only partial intraday 30-minute bars for 2025-12-29 were provided. No 30-day history was included, so the commentary emphasizes today’s price/volume structure and short-term momentum, which I use as a proxy for near-term (1–5 day) swing potential.
- Semiconductors and AI-adjacent
- Leaders: MU showed a clean, steady higher-high/higher-low progression across the afternoon with volume expanding into the close (HOD ~294.72, strong close ~294.72). AMD was constructive but mostly range-bound; SNPS and VICR were firm-to-sideways. Pattern suggests semis continue to lead risk-on flows with MU strongest.
- Tickers referenced: MU, AMD, SNPS, VICR.
- Mega-cap tech/communications
- GOOGL/GOOG ground higher modestly on steady volume; constructive but not impulsive. Looks like accumulation rather than chase.
- Tickers: GOOGL, GOOG.
- Healthcare and biotech
- Mixed. LLY faded late (supply near 1084–1085), while TMO pushed to session highs into the close with rising volume—a bullish “closing drive.” Small/micro-cap bios saw speculative interest: PASG broke to new session highs into the bell; KYTX, LRMR were stable; LPTH (optics, not bio, but small-cap tech) had a strong mid-day range expansion with high volume, then a controlled fade, setting up a possible Day-2.
- Tickers: LLY, TMO, PASG, KYTX, LRMR, LPTH.
- Industrials/Aerospace/Defense
- Generally range-bound to slightly heavy. BA faded in the last 30-min block despite an earlier bid; defense (LMT, TDG, ESLT) stayed tight and orderly with no momentum push. This looks like rotation away from defense and into growth for the day.
- Tickers: BA, LMT, TDG, ESLT.
- Materials/Energy
- AA ticked higher late toward 53.94 then settled—modestly constructive. GPOR had a late pop to 214.80 and closed near the upper end—watch for follow-through if energy futures stay bid.
- Tickers: AA, GPOR.
- Software/IT services
- HUBS, TYL, IT were tight and slightly heavy late—no standout momentum.
- Tickers: HUBS, TYL, IT.
- Small-cap communications/optics and misc.
- CMTL stair-stepped higher with broadening participation into the close; LPTH saw a significant volume surge and broad range, often a precursor to second-day trades if it reclaims VWAP/round numbers. Some micro-caps (PASG, NXTC) showed expansion, signaling risk appetite in the periphery.
- Tickers: CMTL, LPTH, PASG, NXTC.
Notable patterns today
– Rotation into semis (MU strongest) and into quality healthcare equipment (TMO), plus selective small-cap momentum (PASG, LPTH, CMTL).
– Defense/industrial mostly consolidating (LMT, TDG, ESLT) and BA soft.
– Mega-cap tech constructive but measured (GOOGL/GOOG).
Ticker Performance Prediction (next 2–3 days)
Most likely to continue higher: MU, TMO, PASG, LPTH, ALAB, CMTL
– Strongest bullish signals: MU (leadership, rising volume into close), TMO (closing drive), PASG (late-day breakout with range expansion).
Individual Stock Analysis and Trade Plans
Note: Key levels derived from today’s intraday structure and nearby round-number supply/demand zones due to lack of multi-day data. Targets reflect nearby resistance and a conservative 1–3 day swing expectancy.
1) MU (Micron)
– Bias: Bullish continuation after orderly afternoon uptrend with volume expansion.
– Key supports: 293.80, 292.50, 291.00–291.10
– Key resistances: 294.72–294.80 (HOD zone), 296.50, 298.00–300.00
– Entry ideas:
– Breakout: 294.80–295.00 on strong tape, add on a 294.50 retest that holds.
– Pullback: 293.00–293.30 with a tight stop if buyers show up quickly.
– Stop levels: Below 292.30 (beneath recent intraday pivot) or tighter below 293.00 if using a pullback entry.
– 1–3 day targets: T1 295.80, T2 297.20, T3 299.00–300.00
– 2–3 day price action view: Early test/reclaim of 295 likely; holds above 293.8 favors push into 296.5–297.2. Lose 292.5 and you risk a reset to 291 before any second leg up.
2) TMO (Thermo Fisher)
– Bias: Bullish—closed near highs with rising volume; classic continuation candidate.
– Key supports: 584.00–584.20, 582.95, 582.50–582.70
– Key resistances: 585.30 (HOD), 587.00, 589.50–590.00
– Entry ideas:
– Breakout: Through 585.30 with momentum.
– Buy-the-dip: 583.80–584.20 if buyers defend on a first pullback.
– Stop levels: Below 582.50 (beneath intraday base).
– 1–3 day targets: T1 586.80, T2 588.90, T3 592.00
– 2–3 day price action view: Expect a measured grind higher; dips should be shallow if trend intact. A close back under 583 weakens the setup.
3) PASG (Passage Bio)
– Bias: Bullish—late session breakout to HOD with expanding range/volume.
– Key supports: 11.00, 10.94, 10.48
– Key resistances: 11.40 (HOD), 11.75, 12.00–12.10
– Entry ideas:
– Breakout: 11.40+ with volume; partial profits into 11.70s.
– Pullback: 11.05–11.15 if prior resistance turns to support.
– Stop levels: 10.85 (beneath breakout pivot) or tighter 10.95 if trading post-breakout retest.
– 1–3 day targets: T1 11.75, T2 12.05, T3 12.60
– 2–3 day price action view: If it holds above 11.00–11.10 on dips, momentum can extend into the low 12s. Failure back below 10.94 risks a full fade of the breakout.
4) LPTH (LightPath Technologies)
– Bias: Bullish watch for Day-2—big volume/range, then controlled fade. A reclaim of 10.10–10.30 is key.
– Key supports: 10.00, 9.84–9.86, 9.74
– Key resistances: 10.31–10.32, 10.55 (HOD), 10.80–10.90
– Entry ideas:
– Reclaim: Long on 10.10–10.20 reclaim with rising volume; add above 10.32.
– Pullback: 9.90–10.00 with quick confirmation.
– Stop levels: 9.74 (session low) or tight 9.80 depending on entry.
– 1–3 day targets: T1 10.40, T2 10.55, T3 10.85
– 2–3 day price action view: Base above 10 holds opens a measured push to retest 10.55; sustained strength can extend into high 10s.
5) ALAB (Astera Labs)
– Bias: Bullish—intraday uptrend with higher highs; modest pullback at the close.
– Key supports: 169.60–169.90, 168.54, 167.68
– Key resistances: 170.61 (HOD), 171.00–171.50, 173.00
– Entry ideas:
– Breakout: 170.62+ with momentum.
– Pullback: 169.60–169.90 as a buy zone if it holds.
– Stop levels: 168.40 (beneath 15:00 pivot) or below 167.60 for wider swing.
– 1–3 day targets: T1 171.00, T2 172.20, T3 173.80
– 2–3 day price action view: A quick reclaim of 170 with volume likely retests HOD; sustained closes >171 strengthen the path toward 173s.
6) CMTL (Comtech Telecommunications)
– Bias: Bullish—stair-step higher with expanding participation into the close.
– Key supports: 5.21–5.22, 5.19, 5.12
– Key resistances: 5.32 (HOD), 5.50, 5.75
– Entry ideas:
– Breakout: 5.33+ with momentum.
– Pullback: 5.20–5.22 with confirmation.
– Stop levels: 5.09 (beneath base).
– 1–3 day targets: T1 5.40, T2 5.55, T3 5.70–5.75
– 2–3 day price action view: Holds above 5.20 keeps the squeeze path open into mid-5.50s; loss of 5.12 likely resets the pattern.
Additional quick reads
– GOOGL/GOOG: Constructive grind; continuation possible, but not as momentum-rich as MU/TMO. Watch 313.80–314.00 as a pivot for extensions to 314.8–315.2.
– AA: Late push; above 53.90 can probe 54.20–54.50; support 53.60/53.40.
– GPOR: Late-day lift; above 214.80 opens 216; support 213.20–213.60.
– Avoid/Wait: BA (late fade), LLY (weak close), HUBS/TYL/IT (range-bound), defense (LMT/TDG/ESLT) unless breakouts trigger.
Risk management notes
– Thin holiday conditions can exaggerate moves; use smaller size with tighter stops near clearly defined levels.
– If a breakout triggers but immediately fails back into the prior range, exit quickly and reassess at lower support.
If you can share the last 30 days of daily candles and 30-minute bars, I can refine levels using true daily supply/demand, compute ATR precisely, and update probabilities for the next 1–5 days.