Continuation Breakout Tuesday 11AM 10/01/2024

Overall Sector and Industry Analysis:

Analyzed Datetime Range: 2024-09-01 to 2024-09-30 (EST)

Over the past 30 days, the analyzed stocks exhibit diverse performance across various sectors and industries. Here’s a quick overview:

1. Technology (SE, API):
   Recent trading volumes indicate a fair amount of investor interest in these tech stocks, especially in SE which has seen significant fluctuations in price and volume. API also showed a recent spike in volume suggesting potential accumulation.

2. Healthcare/Biotech (THRD, ARTV, GOSS):
   Stocks in this sector displayed some volatility. THRD saw modest gains, while GOSS had noticeable price movement with spikes in volume. ARTV also showed significant price increases but faced resistance, suggesting an area to watch closely.

3. Defense (NOC):
   NOC experienced strong upward momentum on increasing volume indicating solid sectoral strength. This provides a bullish outlook for the short term.

4. Consumer Goods (FIGS):
   FIGS seems somewhat stable with minor fluctuations, showing no significant patterns of strong momentum.

5. Energy (PNRG):
   PNRG experienced a jump in price with moderate trading volumes indicating potential bullish sentiment within this industry.

6. Miscellaneous (STG, IPW, GFR, AUST):
   Miscellaneous stocks like IPW showed strong upward movements with accompanying volume spikes, indicating potential bullish moves. AUST also exhibited a consistent rise in price.

Overall Trends:

• Bullish: SE, NOC, GOSS, PNRG, IPW, API
• Sideways/Fluctuating: THRD, ARTV, FIGS, STG, GFR, AUST

Ticker Performance Prediction:

Likely to go up in the next 2-3 days:

• SE shows continued volume and price increases, indicating bullish sentiment.
• NOC has shown strong upward momentum with increasing volumes on recent trading sessions.
• IPW has significant price action and increased trading volumes suggesting a bullish trend.
• GOSS recent volume spikes and upward movement indicate potential for further gains.

Individual Stock Analysis and Key Levels:

1. SE
– Support: $94.00, $93.20, $92.75
– Resistance: $96.00, $97.50, $99.00
– Price Action Prediction:
– Likely retesting the $96.00 resistance level in the coming days.
– Entry Point: Around $94.20 (support levels).
– Stop-Loss: $93.00
– Targets: $96.00, $97.50
–

2. NOC
– Support: $527.75, $525.00, $522.00
– Resistance: $545.00, $550.00, $555.00
– Price Action Prediction:
– Potential upward momentum to break $545.00 resistance.
– Entry Point: Around $530.00.
– Stop-Loss: $525.00
– Targets: $545.00, $550.00
–

3. IPW
– Support: $2.00, $1.90, $1.80
– Resistance: $2.20, $2.30, $2.50
– Price Action Prediction:
– Likely to test and possibly break $2.20 resistance.
– Entry Point: Around $2.05.
– Stop-Loss: $2.00
– Targets: $2.20, $2.30
–

4. GOSS
– Support: $0.98, $0.95, $0.92
– Resistance: $1.05, $1.10, $1.15
– Price Action Prediction:
– Expected test of $1.05 resistance with potential follow through.
– Entry Point: Around $1.00.
– Stop-Loss: $0.97
– Targets: $1.05, $1.10
–

Based on the data, SE, NOC, IPW, and GOSS present strong bullish signals for the next trading days backed by volume and price action supporting continued upward movement within key sectors.