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Continuation Breakout Tuesday 2PM 7/22/2025

July 22, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: The analysis covers the 30-day period, focusing on developments in the past 10 days, concluding on July 22, 2025. Data includes trading times in Eastern Standard Time (EST).

Sector Observations:

  1. Technology and AI – Stocks like SNPS (Synopsys) and COGT (Cogent Biosciences) saw increased volume alongside upward price movements, indicating growing interest in tech and biotech sectors. This suggests a trend where investors are likely anticipating positive earnings or developments in AI advancements.

  2. Healthcare and Biotech – With LLY (Eli Lilly), INSP (Inspire Medical Systems), and REGN (Regeneron Pharmaceuticals), there are widespread volume increases, indicating sector strength, likely due to recent product developments or FDA approvals.

  3. Consumer Goods – Stocks such as HSY (Hershey) and PEP (PepsiCo) remain stable with steady volume, reflecting modest consumer demand despite broader market volatility.

  4. Real Estate and Construction – NVR (NVR) and BLDR (Builders FirstSource) show notable gains, reflecting ongoing construction activities and favorable housing trends.

  5. Energy and Commodities – UEC (Uranium Energy Corp) exhibited rise in trading volume and closing prices, which could signify sector interest due to geopolitical tensions affecting energy supply dynamics.

Ticker Performance Prediction:

  • Stocks likely to increase in the next 2-3 days include: SNPS, NVR, UEC, LLY, BLDR.

  • Bullish Signals:

    • SNPS: Strong breakout from recent resistance, supported by high volume.
    • NVR: Reached new highs with significantly low volume, indicating scarcity and potential further upside.
    • UEC: Uptrend supported by increased volume, suggest additional gains.

Individual Stock Analysis:

1. Ticker: SNPS
Support Levels: $605, $602, $598
Resistance Levels: $610, $614, $619
Predicted Price Action: Watch for a continuation of the upward trend towards $615 in 1-3 days.
Price Targets: Initial target at $610 and extended target near $619.
Entry Point: Consider entry near $605 with signs of intraday support.
Stop-Loss: Place below $598 to mitigate downside risk.
finviz dynamic chart for  SNPS

2. Ticker: NVR
Support Levels: $7850, $7800, $7750
Resistance Levels: $7920, $7950, $8000
Predicted Price Action: Likely to test $7900 with potential breakout on volume increase.
Price Targets: Short-term aim towards $7925, potential to reach $8000.
Entry Point: Best considered near $7850 on any dips.
Stop-Loss: Place around $7750 to avoid sharp pullbacks.
finviz dynamic chart for  NVR

3. Ticker: UEC
Support Levels: $7.95, $7.85, $7.70
Resistance Levels: $8.10, $8.25, $8.35
Predicted Price Action: Seen trading towards $8.25, given current bullish momentum.
Price Targets: Immediate target at $8.10; anticipate reaching $8.35.
Entry Point: Entry near $7.95 could capture favorable upward swings.
Stop-Loss: Positioned at $7.70 to protect capital.
finviz dynamic chart for  UEC

Conclusion:

The analysis suggests a focus on technology, biotech, and commodities given their bullish momentum supported by both price action and volume activity. Maintain vigilance for potential breakouts or corrections due to sector or market-wide shifts. Employ stop-loss strategies to protect gains and manage losses in volatile trading environments.

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