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Continuation Breakout Thursday 3PM 10/09/2025

October 9, 2025 5 min read

Overall Sector and Industry Analysis

  • Datetime range analyzed (EST): 2025-10-09 from 13:30 to 16:00 ET (30-minute bars). Only intraday data for this window was provided; commentary emphasizes late-session momentum/accumulation and how that typically carries into the next 1–3 sessions.
  • Sector/industry takeaways from the basket:
    • Biotech/SMID-cap health care showed broad but selective accumulation into the close: RLAY, VKTX, TARA, CRVS, GLUE, ABOS finished near session highs with higher late-day prints. Others were flat-to-soft (ADSE, ADVM, ACRV, CNTB). This bifurcation favors momentum continuation in the strongest names while weaker ones likely base.
    • Specialized tech/growth outperformed: RGTI posted a textbook range expansion with surging volume and a strong close; UI stair-stepped higher all afternoon. NFLX was muted/range-bound.
    • Energy/materials: METC (met coal) bid all day and closed on highs—money rotating into hard assets.
    • Communications/satellite: GSAT trended up steadily in a tight channel—accumulation look.
    • Exchanges/financial infra: CME had a steady grind into the close—defensive strength but not momentum-like.
    • Micro-cap momentum spikes: SUGP and EPSM saw intraday surges but faded off their highs—tradable, higher risk.
  • Notable intraday patterns likely to spill over:
    • Late-day strength with closes near HOD (RGTI, ENGN, UI, METC, VKTX, RLAY, GSAT, TARA) often leads to gap-and-go or early pullback-and-rip the next session.
    • Volume ramping into 15:00–16:00 (RGTI, ENGN, METC, SUGP, EPSM) confirms active demand.

Ticker Performance Prediction (next 2–3 days)
Most likely to continue higher: RGTI, ENGN, METC, UI, RLAY, VKTX
Also constructive but slightly lower-conviction: GSAT, TARA, GLUE, CRVS

Strongest bullish signals

  • RGTI: Range expansion, multiple higher highs, heavy sustained volume, close just off HOD.
  • ENGN: Breakout through intraday range with accelerating volume and close near HOD.
  • METC: Trend day, tight pullbacks bought, close on highs.
  • UI: Persistent higher highs/higher lows, close on highs; institutional-style accumulation look.
  • VKTX: Reclaimed and closed at session highs with tightening pullbacks—typical continuation pattern.
  • RLAY: Steady grind up with strong last hour—room to test round-number resistance.

Individual Stock Analysis
Note: Key support/resistance reflect obvious supply/demand from today’s session and proximate round-number zones that typically act as daily pivots when recent daily context isn’t provided.

1) RGTI

  • Setup: High-volume range expansion with higher highs and strong close—momentum continuation favored.
  • Support levels: S1 46.20; S2 45.20–45.35 pivot; S3 44.26 (deeper retest)
  • Resistance levels: R1 46.86; R2 47.09 (HOD); R3 48.50 (stretch supply ahead of 50)
  • 2–3 day price action view (30-min read):

– Day 1: Early dip to 46.2–45.9 likely gets bought; push to retest 47.1. Break/hold above 47.1 opens 48.0–48.5.
– Day 2–3: If 47.1 holds as support, 49.2–50.0 is feasible on momentum.

  • Swing targets (1–3 days): PT1 47.10; PT2 48.50; PT3 50.00
  • Entries: 45.20–45.60 pullback zone; or 46.20 reclaim after a flush; momentum add on 47.10 break/hold.
  • Stop-loss: Conservative 44.75; aggressive 45.05 (beneath S2 structure).
  • finviz dynamic chart for RGTI

2) ENGN

  • Setup: Clean breakout late with rising volume; closed near HOD.
  • Support levels: S1 8.56–8.48 breakout shelf; S2 8.38; S3 8.22
  • Resistance levels: R1 8.83 (HOD); R2 9.00; R3 9.25–9.30
  • 2–3 day price action view:

– Day 1: Favor early back-test of 8.56–8.48, then push to 8.95–9.00. A hold above 9.00 invites 9.20–9.30.
– Day 2–3: If 9.00 builds as support, 9.50 stretch becomes viable.

  • Swing targets: PT1 8.95–9.00; PT2 9.25–9.30; PT3 9.50
  • Entries: 8.50–8.56 pullback; secondary 8.38 tag if deeper shakeout.
  • Stop-loss: 8.22 (beneath S3 and intraday base).
  • finviz dynamic chart for ENGN

3) METC

  • Setup: Trend day with consistent bids; closed at highs—continuation setup.
  • Support levels: S1 46.95–47.00; S2 46.60; S3 46.13 (LOD)
  • Resistance levels: R1 47.31 (HOD); R2 47.75; R3 48.00–48.50
  • 2–3 day price action view:

– Day 1: Expect a 46.8–47.0 retest; reclaim leads to 47.3 and 47.75. If volume stays firm, 48.0 test.
– Day 2–3: Building above 47.3 targets 48.5–49.5.

  • Swing targets: PT1 47.30–47.40; PT2 47.90–48.10; PT3 49.00–49.50
  • Entries: 46.60–46.90 staggered; add on 47.31 break/hold.
  • Stop-loss: 46.10 (below S3/LOD).
  • finviz dynamic chart for METC

4) UI

  • Setup: Steady intraday uptrend, higher highs/lows, close near HOD—institutional accumulation tone.
  • Support levels: S1 700–701; S2 698.8; S3 695.9
  • Resistance levels: R1 704.0 (HOD zone); R2 708–710; R3 720
  • 2–3 day price action view:

– Day 1: Dip-and-rip tendency—700 back-test then 704 break. Holding 704 opens 708–710.
– Day 2–3: If 708–710 is absorbed, momentum can carry to 715–720.

  • Swing targets: PT1 704–705; PT2 708–710; PT3 715–720
  • Entries: 700–701 retest; backup bid 696–698.
  • Stop-loss: 694 (beneath S3/structure).
  • finviz dynamic chart for UI

5) RLAY

  • Setup: Controlled grind higher all afternoon; close near HOD—room toward round-number magnet at 7.00.
  • Support levels: S1 6.70; S2 6.65; S3 6.55
  • Resistance levels: R1 6.80 (HOD); R2 6.95–7.00; R3 7.20
  • 2–3 day price action view:

– Day 1: Pullback to 6.65–6.70 likely gets defended; move to 6.85–6.95. Push through 6.95 sets 7.00+.
– Day 2–3: If 7.00 holds, extension to 7.15–7.20.

  • Swing targets: PT1 6.90–6.95; PT2 7.05–7.10; PT3 7.20
  • Entries: 6.65–6.70; add on 6.95 break/hold.
  • Stop-loss: 6.50 (below demand cluster).
  • finviz dynamic chart for RLAY

6) VKTX

  • Setup: Strong reclaim and close at HOD—continuation favored with round-number overhead.
  • Support levels: S1 34.55; S2 34.35–34.40; S3 34.07 (LOD)
  • Resistance levels: R1 34.65 (HOD); R2 35.00; R3 35.60–36.00
  • 2–3 day price action view:

– Day 1: Early fade to 34.40–34.55 then push to 34.90–35.00. Hold above 35 opens 35.60.
– Day 2–3: If 35 builds as support, 36.00–36.20 possible.

  • Swing targets: PT1 34.95–35.00; PT2 35.60; PT3 36.00–36.20
  • Entries: 34.30–34.45 pullback; add on 35.00 break/hold.
  • Stop-loss: 34.05 (beneath S3/LOD).
  • finviz dynamic chart for VKTX

Quick notes on other constructive names

  • GSAT: Supports 46.50/46.33/46.00; resistances 46.76/47.00/47.40. Targets 46.95, 47.40, 47.90. Entry 46.30–46.50; stop 46.00.
  • TARA: Supports 5.48/5.40/5.33; resistances 5.54/5.60/5.80. Targets 5.60, 5.75, 5.90. Entry 5.40–5.45; stop 5.33.

Risk management and execution notes

  • Expect many of these to open with small gaps. Prefer pullback entries to prior breakout shelves or VWAP reclaim on the 5–15 min to improve R/R.
  • If a listed S1 level fails on heavy volume and cannot reclaim within 1–2 candles, use stops without hesitation; momentum setups lose edge quickly.
  • Scale out into PT1 and PT2; trail stops to breakeven after PT1 to protect capital.

If you want, share the prior 30 days of daily candles or ATRs for more precise daily zones and target sizing.

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