Back to Insights

Continuation Breakout Tuesday 10AM 3/04/2025

March 4, 2025 2 min read

Overall Sector and Industry Analysis:

The data provided spans from March 4, 2025, focusing on various stocks across different sectors and industries, analyzed in Eastern Standard Time (EST). The overall market sentiment during this period demonstrates a mix of consolidation and bullish momentum, with several stocks showing varying degrees of strength.

Stocks such as RNMBY, LNTH, and LHX indicate moderate bullish activity with consistent price increases accompanied by sizable volume, suggesting interest among traders. Notably, defense and healthcare sectors, represented by LHX and LNTH respectively, experience sustained bullish momentum, likely influenced by sector-specific news or broader market conditions favoring these industries.

The energy sector has a mixed performance, with stocks such as CHRO showing possible bottoming patterns, hinting at potential reversals, while others demonstrate consolidation phases. CRL from the biotech sector shows resilience and upward movement, possibly benefiting from recent sector-wide innovations or approvals.

Ticker Performance Prediction:

The following tickers exhibit potential for upward movement in the next 2-3 days: RNMBY, LHX, and LNTH. These stocks are displaying strong bullish signals, which are further reinforced by recent volume surges and positive price action.

Individual Stock Analysis:

  1. RNMBY:
    • Support Levels: 250.00, 252.00, 248.00
    • Resistance Levels: 256.40, 258.00, 260.00
    • Prediction: Expect a continuation of the upward trend with potential to test 256.40 and possibly move towards 258.00 if momentum sustains. The 30-minute chart indicates a potential breakout.
    • Price Targets: 256.40 for initial, 258.00 for medium, and 260.00 if strength persists.
    • Entry Point: Around 252.00
    • Stop-Loss: 248.00
    • Chart: finviz dynamic chart for  RNMBY
  2. LNTH:
    • Support Levels: 97.00, 96.50, 95.80
    • Resistance Levels: 98.37, 99.00, 100.00
    • Prediction: Anticipate continuation toward resistance, especially if the stock breaks 98.37 with high volume.
    • Price Targets: 98.37 short-term, 99.00 as an intermediate, and 100.00 if bullish momentum accelerates.
    • Entry Point: Near 97.00
    • Stop-Loss: 95.80
    • Chart: finviz dynamic chart for  LNTH
  3. LHX:
    • Support Levels: 209.50, 209.00, 208.50
    • Resistance Levels: 211.19, 212.00, 213.00
    • Prediction: Momentum indicates a strong push toward recent highs, with 211.19 being a crucial level for further gains.
    • Price Targets: 211.19 near, 212.00 next, and 213.00 as an extended target.
    • Entry Point: Around 209.50
    • Stop-Loss: 208.50
    • Chart: finviz dynamic chart for  LHX

These analyses are based on chart patterns, recent price action, and volume trends observed in the data, emphasizing stocks likely to continue moving upward in the immediate future. Adjustments should be made dynamically based on real-time market conditions and news.

Share: