Back to Insights

Continuation Breakout Thursday 3PM 7/24/2025

July 24, 2025 3 min read

Overall Sector and Industry Analysis

DateTime Range Analyzed: June 24, 2025, to July 24, 2025 (EST)

During the past 30 days, the overall sector and industry performance seems varied with certain sectors gaining momentum and others experiencing consolidation. The Technology sector, particularly semiconductor and software services, showed continued strength driven by advancements in AI and semiconductor demand, as evidenced by the performance of stocks like AMD and FFIV. On the other hand, some sectors like Energy, represented by stocks such as UUUU, showed volatility tied closely to fluctuations in oil and natural gas prices.

Noticeable Trends or Patterns:

  • There’s a noticeable bullish momentum in tech stocks with some consistent upward movements observed in AMD and FFIV, suggesting a possible upward trend.
  • Small-cap stocks like CVV and FTEL demonstrated increased volumes and price action fluctuations, indicating speculative interest and potential breakout attempts.
  • The Healthcare and Pharmaceutical sectors, spurred by innovations and market dynamics, displayed robust volume activity as seen in stocks like MRUS.
  • Also notable is the Aerospace sector with stocks like TRI displaying steady price action and building volumes over the last few days.

Ticker Performance Prediction

Likely to Go Up in the Next 2-3 Days:
1. AMD (Advanced Micro Devices Inc.): Recent bullish candlestick patterns and volume spikes suggest a continuation in upward price action.
2. IDXX (IDEXX Laboratories, Inc.): The stock displays a strong trend with recent resistance break, backed by a notable increase in volume.
3. FFIV (F5 Networks, Inc.): Displaying strong bullish momentum in tech infrastructure, poised for a breakout with sustained higher lows and volumes.

Strong Bullish Signals:

  • FFIV due to consistent closing at highs with increasing volume.
  • AMD, given the sustained bullish engulfing patterns and sector support.

Individual Stock Analysis

  1. AMD (Advanced Micro Devices Inc.)
    • Support Levels: $161.50, $160.00, $158.75
    • Resistance Levels: $164.50, $166.25, $167.80
    • Price Action Predictions: Expect potential rally towards $164.50 to $166.25 with ATR target adding 1.8 points.
    • Entry Point: Look for entries near $161.50.
    • Stop-Loss: Set below $160.00.
    • Finviz Chart: finviz dynamic chart for  AMD
  2. IDXX (IDEXX Laboratories, Inc.)
    • Support Levels: $545.00, $540.00, $535.50
    • Resistance Levels: $550.50, $552.75, $555.00
    • Price Action Predictions: Likely continuation to $550.50 and above, considering a 5-point ATR.
    • Entry Point: Suggest entries around $545.00.
    • Stop-Loss: Set near $540.00.
    • Finviz Chart: finviz dynamic chart for  IDXX
  3. FFIV (F5 Networks, Inc.)
    • Support Levels: $303.00, $301.50, $299.00
    • Resistance Levels: $306.00, $308.50, $310.00
    • Price Action Predictions: Poised for a move towards $306.00 with potential further gains pinned to $310.00.
    • Entry Point: Near $303.00 for favorable risk-reward.
    • Stop-Loss: Place at $299.00.
    • Finviz Chart: finviz dynamic chart for  FFIV

These projections assume broad market stability and are contingent on the continuation of observed trends. As always, monitor the news for macroeconomic factors and sector-specific stories that could impact these plays.

Share: