Continuation Breakout Thursday 1PM 8/29/2024

Overall Sector and Industry Analysis:

Datetime Range Analyzed: August 1, 2024, to August 30, 2024 (EST)

Commentary:

Examining the stock price and volume movements within the given timeframe, various sectors display distinct trends and shifts:

• Technology Sector:
  • Stocks: HUBS, MSI, ZBRA, IDXX, ISRG, TTWO, APPF
  • Notable Trends: The technology sector shows strong momentum with most stocks either gradually pushing higher or consolidating near recent highs. Increased volume in the last 10 days indicates growing investor interest.
  • Highlighted Ticker: HUBS demonstrated steady price increments, indicating potential for further upward movement.
• Healthcare Sector:
  • Stocks: SANA, EQ, PEPG, ELUT, PAHC, CRGX, EOLS, ANAB, ARQT
  • Notable Trends: Mixed trends with equities like SANA and ANAB showing positive momentum, while others are relatively flat or showing minor pullbacks. Volumes have generally increased, suggesting growing participation.
  • Highlighted Ticker: SANA is showing consistent volume and price increase, indicative of a bullish trend.
• Industrial Sector:
  • Stocks: FTAI, DY, PH, TT
  • Notable Trends: Industrial stocks like FTAI and PH show healthy price movements with volumes supporting upward trajectories. This sector appears robust, especially into the last 10 days, with positive price momentum.
  • Highlighted Ticker: TT and PH exhibit strong bullishness, making them candidates for potential short-term gains.
• Financial Sector:
  • Stocks: MKL, BLK, MA
  • Notable Trends: Stability with slight bullish inclinations. Stocks such as MA and BLK have maintained higher grounds with increased trading activities hinting at further upward potentials.
  • Highlighted Ticker: MA remains strong with consistent price increments.

Ticker Performance Prediction:

Likely to Go Up in the Next 2-3 Days:
– HUBS: Strong bullish signals with consistent volume increases.
– SANA: Steady upward trend with increasing volumes.
– TT and PH: Robust price action indicating further bullish momentum.
– MA: Consistent growth and volume spikes suggesting potential gains.

Individual Stock Analysis:

HUBS

• Support Levels:
  1. $505.00
  2. $503.50
  3. $502.00
• Resistance Levels:
  1. $507.30
  2. $510.00
  3. $512.00
• Price Action Predictions:
  • 1-3 Day Swing Targets: $507.30, $510.00, $512.00
  • Entry Point: Near $505.00
  • Stop-Loss Level: Near $503.50

SANA

• Support Levels:
  1. $6.05
  2. $6.00
  3. $5.95
• Resistance Levels:
  1. $6.20
  2. $6.25
  3. $6.30
• Price Action Predictions:
  • 1-3 Day Swing Targets: $6.20, $6.25, $6.30
  • Entry Point: Near $6.05
  • Stop-Loss Level: Near $6.00

TT

• Support Levels:
  1. $357.13
  2. $356.80
  3. $355.50
• Resistance Levels:
  1. $359.90
  2. $360.50
  3. $362.00
• Price Action Predictions:
  • 1-3 Day Swing Targets: $359.90, $360.50, $362.00
  • Entry Point: Near $357.13
  • Stop-Loss Level: Near $356.50

PH

• Support Levels:
  1. $594.70
  2. $593.00
  3. $590.00
• Resistance Levels:
  1. $598.86
  2. $600.00
  3. $605.00
• Price Action Predictions:
  • 1-3 Day Swing Targets: $598.86, $600.00, $605.00
  • Entry Point: Near $594.70
  • Stop-Loss Level: Near $593.00

MA

• Support Levels:
  1. $479.34
  2. $478.86
  3. $478.20
• Resistance Levels:
  1. $480.28
  2. $480.80
  3. $482.00
• Price Action Predictions:
  • 1-3 Day Swing Targets: $480.28, $480.80, $482.00
  • Entry Point: Near $479.34
  • Stop-Loss Level: Near $478.86

By focusing on stocks within strong sectors, combined with observing critical price and volume developments, these predictions can guide short-term trades. As always, keep an eye on sudden news or changes that could affect overall market conditions.