Overall Sector and Industry Analysis (EST range: 2025-10-29 15:00 to 2025-10-30 11:00)
Context and breadth:
– Strong, broad-based risk-on tone in the first 90–120 minutes today. Financials, Industrials, and Growth/Tech led with steady higher-high/higher-low sequences on 30-minute bars and expanding early volume.
– Financials: GS, JPM, AXP, V, COF all trended higher with persistent bids and rising volume through the first two hours. Leadership within bulge-bracket (GS) and money-center (JPM) suggests follow-through potential.
– Industrials/Capex: TT was a standout gap-and-go with a large range; ITW, DOV, ROK, HON, RS also green with constructive intraday trends, pointing to ongoing strength in multi-industrial and HVAC/automation themes.
– Energy: Offshore drillers RIG, BORR showed accumulation and higher highs; refiners (PBF) bid with strong range expansion. Crude-sensitive beta is attracting momentum flows.
– Growth/Tech: BKNG, SNOW, HUBS, MDB, UI advanced with solid opening drives; semis mixed (MPWR flat to choppy), but small-cap compounders (AXTI) squeezed on heavy volume. Cyber (CYBR) firm but more range-bound.
– Healthcare: HCA stair-stepped higher; biotech VRDN firmed post-gap. MTD illiquid but supported.
– REIT/Logistics: PLD steady grind up on decent tape; not a momentum leader but constructive.
– Autos/Consumer: GM climbing with controlled pullbacks; MELI was a top momentum/growth leader with powerful range expansion and sustained demand.
Notable patterns:
– Gap-and-go continuation: TT, MELI, BKNG, GS, RIG, AXTI, SNOW.
– Persistent higher lows on 30-min: GS, JPM, V, HCA, HON.
– Volume confirmation: Early-session volumes were elevated versus typical first-hour prints in GS, BKNG, MELI, RIG, PBF, AXTI, SNOW, suggesting strong short-term participation.
Ticker Performance Prediction (next 2–3 trading days)
Most likely upside continuation:
– TT, MELI, GS, RIG, AXTI, BKNG, JPM, SNOW, HCA, PBF
Strongest bullish signals today (gap-and-go with volume, 30-min higher lows, closing near HOD): TT, MELI, GS, BKNG, RIG, AXTI
Individual Stock Analysis
Note: Support/resistance derived from today’s daily/30-minute structure and obvious nearby supply/demand zones. Targets incorporate nearby resistance and approximate current day ranges as ATR proxies.
1) TT (Trane)
– Support: 451.2–451.6; 449.6; 445.6
– Resistance: 454.9; 458.7 (HOD); 462–465 zone
– 30-min outlook (2–3 days): Expect buy-the-dip behavior above 449–451. A hold over 451 and reclaim of 455 sets up a push into 458.7, then 462–465. Failure below 449.5 invites a test of 446–447 before buyers reassert.
– Entries: 451.5–452.5 pullback; add on 455 reclaim.
– Stops: 448.9 (tight); 445.2 (swing).
– Targets: 458.7; 462.0; 465.0
2) MELI
– Support: 2370–2380; 2349–2350; 2324.8
– Resistance: 2409.7 (HOD); 2425; 2450
– 30-min outlook: Strong trend. Expect shallow dips to 2370–2385 to be bought; hold >2350 keeps momentum intact. Break/hold above 2410 opens 2425 then 2450.
– Entries: 2375–2385 pullback; breakout >2410 with volume.
– Stops: 2344 (tight); 2322 (swing).
– Targets: 2415; 2435; 2465
3) GS
– Support: 802.7–805.0; 796.6–799.6; 790.6–792.0
– Resistance: 806.3 (HOD); 810; 815
– 30-min outlook: Higher-low staircase intact. Hold >800–802 keeps the path to 810/815 open. Watch for a morning coil under 806 and expansion through 806–810.
– Entries: 802–804 pullback; add through 806.5.
– Stops: 798.9 (tight); 795.2 (swing).
– Targets: 808; 812; 818
4) RIG
– Support: 3.82; 3.81; 3.75
– Resistance: 3.94 (HOD); 4.00; 4.05–4.10
– 30-min outlook: Clean trend day. Expect dip buys >3.81; through 3.94 sets 4.00/4.05 magnets. Momentum traders will eye a 4.00 break-and-hold for extension.
– Entries: 3.85–3.88 pullback; breakout >3.94.
– Stops: 3.80 (tight); 3.74 (swing).
– Targets: 3.95–4.00; 4.05; 4.15–4.20
5) AXTI
– Support: 7.24–7.27; 7.19; 7.00
– Resistance: 7.40–7.53 (HOD zone); 7.80; 8.00
– 30-min outlook: High-volume small-cap squeeze. Pullbacks to 7.20–7.30 likely get defended; reclaim of 7.40–7.45 opens a retest of 7.53 then measured push to 7.80+ if volume returns.
– Entries: 7.22–7.30 pullback; add through 7.45–7.50.
– Stops: 7.08 (tight); 6.95 (swing).
– Targets: 7.55; 7.80; 8.05
6) BKNG
– Support: 5248; 5210–5195; 5179
– Resistance: 5275 (HOD); 5300; 5330–5360
– 30-min outlook: Strong drift up; look for a shallow flag under 5275 and breakout toward 5300+. If early dip, 5220–5245 is a likely higher-low zone.
– Entries: 5225–5245 pullback; breakout >5276 with volume.
– Stops: 5190 (tight); 5170 (swing).
– Targets: 5285–5300; 5325; 5360
7) JPM
– Support: 312.0–312.2; 310.1–310.5; 309.0
– Resistance: 312.61 (HOD); 313.5; 315.0
– 30-min outlook: Consistent bid. Expect a modest dip-and-rip; hold >310.5 keeps structure bullish and favors 313.5–315 over next 1–2 sessions.
– Entries: 310.8–311.5 pullback; add through 312.7.
– Stops: 309.8 (tight); 308.8 (swing).
– Targets: 313.2; 314.5; 316.0
8) SNOW
– Support: 270.6–271.0; 270.0; 269.3
– Resistance: 272.37–273.29; 275.0; 277.0–278.0
– 30-min outlook: Bullish but measured. Dips into 270.5–271 likely get bought; through 272.4–273.3 unlocks 275, then 277.
– Entries: 270.6–271.2 pullback; add through 273.4.
– Stops: 269.6 (tight); 268.9 (swing).
– Targets: 273.5; 275.5; 277.5
9) HCA
– Support: 474.0–474.6; 471.4; 468.0
– Resistance: 477.6–478.2; 480.0; 482.0–483.0
– 30-min outlook: Constructive grind. A hold above 474 sets up a push back through 478, then 480+. If we undercut 474, look for buyers near 471–472 to maintain trend.
– Entries: 472.5–474.5 pullback; add through 478.2.
– Stops: 470.5 (tight); 468.5 (swing).
– Targets: 478.5; 480.5; 482.5
10) PBF
– Support: 35.21–35.27; 34.40; 33.82
– Resistance: 35.97–36.00; 36.50; 37.00
– 30-min outlook: Energy/refiner momentum with expanding range. Above 35.2 the path favors retest of 36 and continuation toward 36.5–37 on another risk-on day.
– Entries: 35.25–35.45 pullback; breakout >36.00 with volume.
– Stops: 34.95 (tight); 34.35 (swing).
– Targets: 36.10; 36.80; 37.50
Secondary watchlist (constructive but slightly lower conviction for immediate 1–3 day swings): IDCC, V, TRV, IBM, COF, HUBS, MDB, HON, RS, ROK, GM, BORR
Notes and risk:
– Many of these names are extended intraday; prioritize entries on controlled pullbacks into support or post-breakout retests, and keep stops tight given 1–3 day horizon.
– ATR proxies are inferred from today’s ranges; adjust sizing and targets to live volatility.