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Continuation Breakout Thursday 12PM 10/09/2025

October 9, 2025 4 min read

Overall Sector and Industry Analysis (EST window assessed: 2025-10-09, 09:30–12:00)

Note: Only intraday data for the morning session on 2025-10-09 was provided. 30-day and 10-day context isn’t in the file; commentary below focuses on the current tape and how that typically translates into 1–3 day momentum.

  • Healthcare/Biotech led risk-on:
    • Persistent morning accumulation and higher highs across GLUE, CRVS, ABOS, RLAY, NGNE, WGS; clean intraday trend structures and expanding volume on pushes (WGS 11:30 breakout to 132 with volume spike; GLUE stair-stepped 8.08 → 8.38; CRVS drifted 6.90 → 7.24; ABOS 1.95 → 2.33; RLAY reclaimed early losses to 6.61).
    • Breadth within therapeutics was solid (BDTX, ADVM constructive but slower). This is the strongest group today.
  • Energy/Nuclear/Materials mixed-to-strong:
    • LEU showed powerful momentum (370.97 → 389.41, then orderly pullback); continues to be a high-beta uranium proxy.
    • METC (coal) and ALB (lithium/chemicals) were choppy, failing to expand.
    • ASTL (steel) ranged tightly; no decisive expansion.
  • Tech/AI/Semis and Communications were mixed-to-weak:
    • RGTI faded hard after the open and couldn’t reclaim VWAP area; ATEYY flat with low liquidity; GSAT range-bound.
  • Financials/Other:
    • PWM thin and choppy intraday; UPB faded post-pop. Liquidity pockets are narrow outside healthcare and LEU today.

Notable intraday patterns:

  • Breakout-and-hold with higher lows: WGS, GLUE, CRVS.
  • Full-morning trend with constructive pullback into midday: LEU, ABOS.
  • Red-to-green recovery with late-morning push: RLAY.
  • Fade/weakness: RGTI, VKTX; range/noise: ALB, METC, GSAT.

Ticker Performance Prediction (next 2–3 sessions)

Most likely upside continuations:

  • WGS, LEU, GLUE, CRVS, ABOS, RLAY, NGNE

Strongest bullish signals right now:

  • WGS: expansion breakout to 132, held 130s; strength on volume.
  • LEU: strong range expansion with shallow pullback; room to re-test highs.
  • GLUE: steady ladder up with rising highs/lows.
  • CRVS: constructive grind with repeated pushes into 7.20s.

Individual Stock Analysis and Trade Plans (1–3 day swing)

WGS

  • Supports: 129.50, 128.15, 127.50
  • Resistances: 131.00, 132.00, 134.00–134.50
  • 2–3 day view: Favor continuation if 129.50 holds. Expect a 129.5–132 range test, then a probe into 133–134.5 if momentum persists.
  • Entries: 129.6–130.1 pullbacks; add on 131.1 reclaim after dip.
  • Stops: 127.4–128.0 (below morning demand).
  • Targets: T1 131.0; T2 132.0; T3 133.8–134.5 (approx 1.0–1.3x today’s intraday range).
finviz dynamic chart for WGS

LEU

  • Supports: 380.00, 377.00, 373.00
  • Resistances: 389.40, 395.00, 402.00
  • 2–3 day view: Looking for a 380–382 higher-low base and retest of 389–395. If 395 clears on volume, 400–402 magnet.
  • Entries: 380.5–382.0 on weakness; aggressive add on 389.5 breakout if volume expands.
  • Stops: 376.0 (below pullback base) or tighter 378.4 if scaling.
  • Targets: T1 389.0; T2 395.0; T3 401–402.
finviz dynamic chart for LEU

GLUE

  • Supports: 8.20, 8.12, 8.00
  • Resistances: 8.42, 8.50, 8.80
  • 2–3 day view: Expect consolidation 8.10–8.40; continuation trigger above 8.42 with room to 8.60–8.80.
  • Entries: 8.15–8.25 pullbacks; add through 8.43 breakout.
  • Stops: 7.98 (below round-number demand).
  • Targets: T1 8.50; T2 8.60; T3 8.80.
finviz dynamic chart for GLUE

CRVS

  • Supports: 7.05, 6.98, 6.90
  • Resistances: 7.24–7.26, 7.40, 7.60
  • 2–3 day view: Continuation favored if 7.05–7.10 holds; push into 7.25, then 7.40. Over 7.40 opens a momentum leg toward 7.60.
  • Entries: 7.06–7.12 pullback; momentum add over 7.26 with volume.
  • Stops: 6.89 (below intraday base).
  • Targets: T1 7.25; T2 7.40; T3 7.60.
finviz dynamic chart for CRVS

ABOS

  • Supports: 2.20, 2.11, 2.00
  • Resistances: 2.27–2.29, 2.33, 2.50
  • 2–3 day view: Bullish bias if it bases above 2.11–2.20. A clean push over 2.33 can fuel a squeeze into 2.45–2.50.
  • Entries: 2.12–2.20 on dips; breakout add through 2.33.
  • Stops: 1.99 (below round-dollar demand).
  • Targets: T1 2.27–2.29; T2 2.33; T3 2.45–2.50.
finviz dynamic chart for ABOS

RLAY

  • Supports: 6.50, 6.45, 6.38
  • Resistances: 6.62, 6.75, 6.90
  • 2–3 day view: Looking for a 6.50–6.55 higher-low. If 6.62 breaks, room to 6.75; sustained strength can test 6.90.
  • Entries: 6.50–6.55 pullback; add on 6.62 break with volume.
  • Stops: 6.39 (beneath morning swing low).
  • Targets: T1 6.62; T2 6.75; T3 6.90.
finviz dynamic chart for RLAY

NGNE

  • Supports: 29.44, 29.00, 28.82
  • Resistances: 30.10–30.15, 30.80, 31.50
  • 2–3 day view: Expect chop 29.2–30.1; a hold above 29.4 favors a retest of 30.10–30.15. Break-and-hold there sets up 30.8–31.5.
  • Entries: 29.20–29.60 dips; add through 30.15 on expansion.
  • Stops: 28.80 (below morning demand).
  • Targets: T1 30.10; T2 30.80; T3 31.50.
finviz dynamic chart for NGNE

Additional quick reads

  • BCAX: Steady bid 18.03 → 18.29; watch 18.20 hold for a 18.50–18.80 push.
  • Names to avoid for long momentum near term unless they reclaim: RGTI (heavy fade), VKTX (downtrend intraday), ALB/METC/GSAT (rangebound).

Risk notes and next steps

  • Without 10–30 day daily context and proper ATRs, targets are anchored to intraday structure and round-number liquidity. For higher conviction, confirm with the daily trend and 10-day ATR before sizing.
  • As a 1–3 day swing, favor names showing:

– Higher lows above morning demand,
– Volume expansion on pushes,
– Clean levels to lean against for tight stops.

If you can share the last 30 trading days of daily OHLCV for these tickers, I’ll refine the sector view, confirm daily supply/demand, and calibrate ATR-based targets precisely.

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