Continuation Breakout Thursday 12PM 6/20/2024

Overall Sector and Industry Analysis (June 2024):

The datetime range analyzed is from May 21, 2024, to June 20, 2024, in Eastern Standard Time (EST).

Overall Sector and Industry Performance

Recent data shows a variety of trends across different sectors for the last 30 trading days. Notably, the healthcare and consumer discretionary sectors seem to be experiencing increased activity.

1. Healthcare Sector:
   • CRL (Charles River Laboratories): Demonstrates strong resilience with consistent bullish trends in both price and volume. A steady increase over the last 10 days points to growing investor confidence.
   • TTOO (T2 Biosystems) and LLY (Eli Lilly): TTOO shows a sharp increase in both price and volume, indicating newly found bullish strength. LLY’s high volume corroborates its strong position in the healthcare space.
2. Consumer Discretionary:
   • CROX (Crocs Inc.): Reflects significant trading activity although with less clarity in direction. The volume spike and broader market interest might insinuate near-term volatility.
3. Industrials:
   • INSP (Inspire Medical Systems): Shows upward price movement and steady volume, suggesting continued momentum.
   • VRAX (Virax Biolabs Group): Although smaller in market cap, increased recent trading volumes highlight strong short-term interest.
4. Financials:
   • KKR (KKR & Co.): Demonstrates steady price growth on consistent volume, indicative of continuing investor confidence in the financial sector.
   • TPL (Texas Pacific Land Corporation): Consistent high prices and volumes over the last week suggest strong sector performance as well.

Ticker Performance Prediction

Considering the analyzed data, the following tickers exhibit strong bullish signals and are likely to appreciate in price in the next 2-3 days:

• TTOO (T2 Biosystems)
• INSP (Inspire Medical Systems)
• CRL (Charles River Laboratories)
• KKR (KKR & Co.)

Individual Stock Analysis

TTOO (T2 Biosystems)

1. Support Levels:
   • $5.80
   • $5.60
   • $5.40
2. Resistance Levels:
   • $6.20
   • $6.50
   • $6.80
3. Price Action Prediction (Next 2-3 Trading Days):
   • Entry Point: Around $5.80 (near key support)
   • Price Targets:
     • Target 1: $6.20
     • Target 2: $6.50
     • Target 3: $6.80
   • Stop-Loss Level: Below $5.60

INSP (Inspire Medical Systems)

1. Support Levels:
   • $165.00
   • $163.88
   • $161.10
2. Resistance Levels:
   • $170.39
   • $172.00
   • $174.00
3. Price Action Prediction (Next 2-3 Trading Days):
   • Entry Point: Around $165.00 (near key support)
   • Price Targets:
     • Target 1: $170.39
     • Target 2: $172.00
     • Target 3: $174.00
   • Stop-Loss Level: Below $163.88

CRL (Charles River Laboratories)

1. Support Levels:
   • $208.00
   • $206.42
   • $204.00
2. Resistance Levels:
   • $210.46
   • $212.00
   • $215.00
3. Price Action Prediction (Next 2-3 Trading Days):
   • Entry Point: Around $208.00 (near key support)
   • Price Targets:
     • Target 1: $210.46
     • Target 2: $212.00
     • Target 3: $215.00
   • Stop-Loss Level: Below $206.42

KKR (KKR & Co.)

1. Support Levels:
   • $110.00
   • $109.50
   • $108.00
2. Resistance Levels:
   • $111.53
   • $113.00
   • $115.00
3. Price Action Prediction (Next 2-3 Trading Days):
   • Entry Point: Around $110.00 (near key support)
   • Price Targets:
     • Target 1: $111.53
     • Target 2: $113.00
     • Target 3: $115.00
   • Stop-Loss Level: Below $109.50

By analyzing the recent price and volume developments, I have highlighted the stocks with strong bullish signals for short-term gains. Remember always to account for market volatility and manage risks accordingly.