Continuation Breakout Thursday 2PM 10/02/2025

Overall Sector and Industry Analysis

Datetime range analyzed (EST): 2025-10-02 09:30 to 14:00. Note: Only intraday 30-minute bars for today were provided; 30-day and 10-day context are inferred from today’s price/volume behavior and recent momentum characteristics, not full history.

• Tech/AI/Quantum momentum strong: IONQ, QBTS, RGTI, SOUN all showed sustained bids, higher lows, and constructive consolidations near intraday highs. RGTI and QBTS printed high relative volume and attempted higher highs; IONQ held above successive pullback supports with shallow dips.
• Space/Telecom: ASTS led with a clean push to session highs and a controlled flag near 65, with strong turnover through the ramp.
• Nuclear/Energy: OKLO and NNE both trended steadily higher intraday with rising support and contained pullbacks—accumulation tone.
• Construction/Materials: STRL and CRH both grinded higher and held pullback supports; quality uptrends with modest volatility.
• Managed Care (Health Insurance): UNH, ELV, MOH were mixed-to-soft after early strength; ranges tightened and bids waned into the early afternoon—more mean-reversion than trend.
• Consumer Discretionary: LULU slipped steadily; AZO firmed and stair-stepped up; BKNG held highs on light but steady flow—selective leadership, not broad.
• Crypto mining: CIFR faded from highs and slipped into lower highs—momentum cooled mid-day.
• Small-cap biotech/medtech: CABA and EDIT firmed intraday, while others (INDP, BFRI, NRXS) were illiquid/weak—stock picking essential; avoid thin names unless catalysts emerge.
• Volatility standouts: BQ’s extreme swings and fade suggest event-driven churn; high risk of follow-through fades without fresh catalysts.

Ticker Performance Prediction (next 2–3 days)

Most likely upside continuation set-ups:

• ASTS, IONQ, QBTS, RGTI, OKLO, NNE, STRL, CABA, CRH

Strongest bullish signals today (relative strength + constructive consolidation near highs + volume):

• ASTS, IONQ, OKLO, QBTS

Individual Stock Analysis

Notes:

• Key support/resistance based on today’s intraday structure and nearby psychological levels as proxies for daily zones.
• Swing targets use nearby resistance and a “recent intraday range ≈ short-term ATR” proxy.
• Use limit orders at identified zones; respect liquidity/volatility.

ASTS

• Set-up: Trend up with a tight bull flag just under highs; strong participation on pushes.
• Key support: 64.80; 63.79; 63.13
• Key resistance: 65.33; 65.53; 66.00–66.20
• Next 2–3 day expectation (30-min basis): Look for 64.8–65.1 flag hold then breakout attempts through 65.33/65.53 toward mid-66s; shallow dips likely bought.
• Swing targets (1–3 days): 65.50; 66.20; stretch 67.00 (≈ recent range extension)
• Entry ideas: 64.90–65.05 pullback hold; add on 65.35–65.55 breakout acceptance.
• Stop-loss: Below 64.70 initial; wider swing stop 63.60 if building a position.

IONQ

• Set-up: Higher lows, persistent bids; consolidation below 68.12/68.29.
• Key support: 67.48; 67.07; 66.86
• Key resistance: 68.12; 68.29; 68.50–69.00
• Next 2–3 day expectation: Test 68.12/68.29; acceptance opens 69.00; dips to 67.4–67.6 likely supported if momentum persists.
• Swing targets: 68.30; 69.00; 70.00
• Entry ideas: 67.50–67.60 buy-the-dip; breakout add above 68.30 with volume.
• Stop-loss: Tight 67.10; swing 66.80.

QBTS

• Set-up: Strong morning drive, orderly pullback; still above key intraday supports.
• Key support: 28.76; 28.37; 28.20
• Key resistance: 29.19; 29.52; 30.00
• Next 2–3 day expectation: Reclaim 29.10–29.20, probe 29.50; if accepted, a round-number magnet at 30.00.
• Swing targets: 29.50; 29.90–30.00; 30.75 (if momentum/volume expands)
• Entry ideas: 28.80–28.90 retest; add through 29.20 breakout.
• Stop-loss: 28.20 (beneath session support); conservative 27.95.

RGTI

• Set-up: Heavy volume, multiple pushes; defended 34.00 and recycling through mid-34s.
• Key support: 34.21; 34.00; 33.91
• Key resistance: 34.58; 35.22; 36.00
• Next 2–3 day expectation: Choppy but constructive grind higher; a close above 34.60 favors a 35.20 retest; momentum can extend to 36 on a strong tape for AI/quantum.
• Swing targets: 34.90; 35.20–35.50; 36.00
• Entry ideas: 34.15–34.25 absorption; add on 34.60 break with volume.
• Stop-loss: 33.85 initial; wider 33.60 if liquidity is whippy.

OKLO

• Set-up: Trend day up with higher lows; tight pullbacks bought; nuclear theme strong.
• Key support: 128.00–128.20 (VWAP zone intraday); 127.63; 126.29
• Key resistance: 129.12; 129.64; 130.00–130.50
• Next 2–3 day expectation: Maintain above 128 on dips, rotate into 129.6–130.5; strong hands targeting 132 on range expansion.
• Swing targets: 129.60; 130.50; 132.00
• Entry ideas: 128.00–128.20 pullback; breakout add >129.20.
• Stop-loss: 127.20; swing 126.20 if giving more room.

NNE

• Set-up: Clean intraday uptrend; buyers defended 40.6–40.8; thin but constructive.
• Key support: 40.76; 40.61; 39.98–40.00
• Key resistance: 41.05; 41.15; 42.00
• Next 2–3 day expectation: Continue stair-step higher if 40.7–40.9 holds; watch for a pop through 41.15 and a measured move toward low-42s.
• Swing targets: 41.15; 41.80; 42.50
• Entry ideas: 40.80–40.90 pullback hold; breakout add >41.05.
• Stop-loss: 40.35; hard stop 39.90.

STRL

• Set-up: Reversal from mid-day dip; closed strong toward highs; industrials bid.
• Key support: 349.00–349.40; 347.97; 347.07
• Key resistance: 351.58–351.76; 352.00; 355.00
• Next 2–3 day expectation: Consolidate 349–351 then test 351.8–352; momentum tape could send to mid-353s/355.
• Swing targets: 351.80; 353.00; 355.00
• Entry ideas: 349.40–349.80 higher-low buy; add >351.80 on strength.
• Stop-loss: 348.00; wider 347.00.

CABA

• Set-up: Step-up intraday with rising lows; small-cap biotech—keep size modest.
• Key support: 2.41–2.42; 2.39; 2.33
• Key resistance: 2.45; 2.50; 2.60
• Next 2–3 day expectation: If 2.41 holds, basing under 2.45 could break to 2.50; needs volume for >2.60.
• Swing targets: 2.50; 2.58; 2.68
• Entry ideas: 2.40–2.42 on pullbacks; add above 2.45 with tape confirmation.
• Stop-loss: 2.36; hard stop 2.31.

CRH

• Set-up: Grind up with controlled dips; materials/infrastructure bid.
• Key support: 120.98; 120.70; 120.34
• Key resistance: 121.12; 121.17; 122.00
• Next 2–3 day expectation: Range 120.7–121.2 likely resolves up if market stays firm; watch for 121.2 acceptance to target 122.
• Swing targets: 121.50; 122.00; 122.80
• Entry ideas: 121.00 pullback-hold; add through 121.20–121.25.
• Stop-loss: 120.70; wider 120.30.

Additional quick notes on names to avoid/monitor

• LULU: Lower highs/lows intraday; avoid long until it reclaims 178.6–179 on volume.
• CIFR: Lower highs after mid-day fade; needs >14.44 reclaim to shift back bullish.
• RCAT: Weak tape with lower highs; wait for base.
• BQ: Event-driven volatility; not a clean momentum continuation without fresh catalyst.
• Managed care (UNH, ELV, MOH): Mixed; prefer long only on strength reclaiming mid-day highs with volume.

Risk management

• Position size smaller on thin names (e.g., CABA, NNE); respect liquidity.
• Targets are zones; scale out near levels; trail stops under rising higher-lows if price trends in your favor.