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Continuation Breakout Tuesday 1PM 7/29/2025

July 29, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: June 29, 2025, to July 29, 2025, in Eastern Standard Time (EST).

During the last 30 days, there has been notable volatility across various sectors, with particular attention to momentum in the healthcare, technology, and consumer discretionary sectors.

  1. Healthcare Sector: Stocks like RMD and ARGX have shown signs of upward movement, supported by increased demand and trading volumes. The rise in biotech and med-tech stocks reflects a sector shift possibly influenced by favorable regulatory announcements or new product developments.

  2. Technology Sector: Companies such as ADBE and SNPS experienced steady climbs, partly driven by innovation news and industry shifts to cloud and AI technologies. In particular, SNPS and CAD leaders like CDNS experienced heightened activity and potential breakout patterns.

  3. Energy Sector: Traditional energy stocks such as BKR display mixed signals with widely fluctuating volumes; however, trading has been flat, indicating potential sector rotations or a pause in momentum.

  4. Consumer Discretionary Sector: Companies like RCL have shown bullish momentum, with a resurgence in travel demand during the summer months. Patterns suggest continuation, drawing interest due to improved earnings predictions and robust booking trends.

Noticeable Trends and Patterns:
– Consistent trading volumes with some spikes before significant price movements, indicating potential areas of interest from institutional investors.
– Formation of up-trend channels in several stocks, especially within technology and healthcare, which tend to suggest continuation patterns.

Ticker Performance Prediction:

Stocks Likely to Go Up in the Next 2-3 Days:
ADBE (Adobe Systems): With continued strong moves above its recent highs and sustained volume, this ticker presents targeted upward momentum.
RCL (Royal Caribbean): Post-breakout movement with volume spikes indicating bullish continuation amidst rising travel demand.
SNPS (Synopsys): Currently trending within an up-channel; expect continuation to key resistance levels.

Individual Stock Analysis:

ADBE (Adobe Systems)

  • Key Support Levels: $370, $373, $375
  • Key Resistance Levels: $378, $380, $382

Price Action Prediction:
– Expect upside motion toward the $378 to $380 range as momentum grows.
– Entry points may be favorable around the $373 support, with expectations to target $378 first, then potentially $380.
– Stop-loss recommended below $370 for safety.

Targets for Swing:
– Short-term target: $378
– Medium target: $380
– Long-term target: $382

finviz dynamic chart for  ADBE

RCL (Royal Caribbean)

  • Key Support Levels: $332, $335, $339
  • Key Resistance Levels: $345, $347, $352

Price Action Prediction:
– Look for tests of $345 resistance with volume making a breakthrough possible.
– Consider entering near $335 support with upward targets in line to $347.
– Stop-loss should consider support below $332.

Targets for Swing:
– Initial target: $345
– Next primary target: $347
– High target possibility: $352

finviz dynamic chart for  RCL

SNPS (Synopsys)

  • Key Support Levels: $630, $633, $635
  • Key Resistance Levels: $640, $645, $650

Price Action Prediction:
– Focus on breaking above $640 with confirmed pattern setup, eyeing $645.
– Entry near $635 is optimal if stabilizing after consolidation, aligning with $640 and $645 targets.
– Recommended stop-loss under $630.

Targets for Swing:
– Conservative target: $640
– Upper target: $645
– Aggressive target: $650

finviz dynamic chart for  SNPS

In summary, the reviewed sectors and tickers provide promising momentum opportunities largely favoring bullish strategies. Market participants should stay attentive to volume confirmations and any broader market catalysts impacting these focal industries.

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