Continuation Breakout Tuesday 2PM 9/10/2024

Overall Sector and Industry Analysis:

Date Range:

Analyzed from August 11, 2024, to September 10, 2024 (Eastern Standard Time).

Overall Sector Performance:

Based on the data provided, the stocks in question cut across various sectors such as Healthcare (UNH, PODD), Technology (FDS), and Real Estate (EQIX). There’s also a presence in smaller-cap stocks likely tied to niche sectors (GDC, ZBAO).

Healthcare Sector:

• UNH (UnitedHealth Group): This stock has been relatively stable, showing increasing volume in the most recent 5 days, hinting at accumulating interest.
• PODD (Insulet Corporation): PODD experienced a noticeable uptick in volume coupled with a steady price increase, suggesting bullish momentum.

Technology Sector:

• FDS (FactSet): The stock has shown positive momentum over the past 10 days, with steady increases in both price and volume metrics. Strong bullish signals.

Real Estate Sector:

• EQIX (Equinix Inc.): EQIX has shown mixed signals, with some volatile price movements in recent days, but not enough volume growth to confirm a clear trend.

Smaller-Cap/Niche Sector:

• GDC: Lower volume overall with all significant trades clustered in a narrow price range. No clear accumulation or distribution pattern.
• ZBAO: Minimal volume with sporadic price spikes, suggesting limited liquidity and potentially manipulative movements.

Ticker Performance Prediction:

Likely to Go Up in the Next 2-3 Days:

1. PODD: Strong price movement with volume support.
2. FDS: Solid bullish signals with increasing volume and price.

Stocks Showing Strong Bullish Signals:

• PODD
• FDS

Individual Stock Analysis:

PODD (Insulet Corporation)

• Support Levels:
  • 224.00
  • 222.50
  • 220.00
• Resistance Levels:
  • 226.50
  • 228.00
  • 230.00
• 30-Minute Chart Prediction:
  Expecting an upward movement towards the $228 key level resistance in the next 2-3 trading days. Any pullback may look to test support at $224.00 before advancing.

• Swing Price Targets (1-3 days):

  • Target 1: $226.50
  • Target 2: $228.00
  • Target 3: $230.00
• Entry Point: Near the $224.00 support level.

• Stop-Loss: Below the $222.50 support level.

FDS (FactSet)

• Support Levels:
  • 437.00
  • 435.00
  • 433.00
• Resistance Levels:
  • 440.00
  • 442.00
  • 445.00
• 30-Minute Chart Prediction:
  Broaching the $440.00 resistance seems plausible, with potential consolidation between $438.00 and $442.00. A bullish breakout through $440.00 could lead to a swift move higher.

• Swing Price Targets (1-3 days):

  • Target 1: $440.00
  • Target 2: $442.00
  • Target 3: $445.00
• Entry Point: Around $437.00, ideally on a minor dip.

• Stop-Loss: Below the $435.00 support level.