Continuation Breakout Tuesday 4PM 5/06/2025

Overall Sector and Industry Analysis:

Datetime Range Analyzed: April 6, 2025 – May 6, 2025 (Eastern Standard Time)

Sector and Industry Performance Commentary:
Analyzing the past 30 days, technology and healthcare sectors seem to have shown a mixed performance but with notable momentum build-up toward the latter part of the period. Stocks like NVDA, MSFT, and CRM in the tech sector, and ISRG and RMD in healthcare, registered notable volume and price activity. The tech sector, while fluctuating, displayed signs of a bullish reversal in certain tickers closer to the recent days, especially post earnings season. The healthcare sector continued to show resilience, possibly driven by post-earnings bullish momentum as observed in ISRG and RMD.

The financial services sector, represented by stocks such as AJG and HCA, also showed stable performance, though less pronounced in terms of price movement compared to tech and healthcare. Some stocks in the sector like V and MA experienced a sideways trend with low volatility.

Recent 10-Day Development: The last 10 trading days accentuated a particular interest in technology and semiconductor stocks, with NVDA and MRVL observing heightened investor attention and speculative movements. NVDA, for instance, has been riding on volume spikes which may suggest institutional involvement.

Notable Trends and Patterns:
– Tech Stocks: Notable accumulation in NVDA and MSFT with strong volume spikes, providing bullish indications that align with recent upgrades from major market analysts.
– Healthcare: Resilience in healthcare, such as in ISRG and HCA, which aligns with growing investor confidence post-earnings.

Ticker Performance Prediction:

Likely to Increase in 2-3 Days:
1. NVDA: With considerable institutional buying evident in the last few sessions, NVDA is poised for a short-term upswing.
2. MSFT: Displayed consistent volume support near the key levels, indicating potential bullish continuation.
3. ISRG: Benefiting from post-earnings momentum, likely to see higher levels shortly.
4. CRM: Stabilized volume and steady upward trend indicate potential for further gains.
5. MRVL: Recent surge in volume and crossing of moving averages signal a potential bullish run.

Strong Bullish Signals:
– NVDA: Volume spikes and momentum indicators crossing over indicate bullish strength.
– MSFT: Price bounding off support levels with good volume suggests bullish momentum build.

Individual Stock Analysis:

NVDA (NVIDIA Corporation)

• Support Levels:
  • 1. $113.10
  • 1. $112.88
  • 1. $112.00 (Gap fill zone)
• Resistance Levels:
  • 1. $114.75
  • 1. $115.60
  • 1. $117.00 (near a confluence of prior highs)
• Price Action Predictions (Next 2-3 Days):
  NVDA is expected to test the $114.75 resistance level initially. A break above this with volume could push towards $115.60-$117.00.

• Price Targets:

  • Near-term: $115.60 (ATR based target)
  • Intermediate: $117.00
• Entry Points:
  Enter at $113.10 or on retracement to a tighter zone near $113.40.

• Stop-Loss Recommendation:
  Place a stop-loss just below $112.88 to mitigate downside exposure.

• Chart Visualization:
  

MSFT (Microsoft Corporation)

• Support Levels:

  • 1. $432.70
  • 1. $431.00
  • 1. $429.80
• Resistance Levels:
  • 1. $435.75
  • 1. $436.50
  • 1. $440.00
• Price Action Predictions (Next 2-3 Days):
  MSFT is likely to rally towards $435.75 with good support. Should volume sustain, expect a move past $436.50 towards $440.00.

• Price Targets:

  • Near-term: $435.75
  • Intermediate: $439.00-$440.00
• Entry Points:
  Attractive entry around $432.70 with risk management.

• Stop-Loss Recommendation:
  A stop-loss slightly below $431.00 should preserve capital in volatility.

• Chart Visualization:
  

ISRG (Intuitive Surgical, Inc.)

• Support Levels:

  • 1. $530.46
  • 1. $528.00
  • 1. $526.50
• Resistance Levels:
  • 1. $533.14
  • 1. $535.00
  • 1. $537.50
• Price Action Predictions (Next 2-3 Days):
  ISRG could see a move toward $533.14. A successful breakthrough may see it test $535.00.

• Price Targets:

  • Near-term: $533.14
  • Intermediate: $537.50
• Entry Points:
  Ideal entry around $530.46 in line with recent support.

• Stop-Loss Recommendation:
  Use $528.00 as a barrier to minimize losses if the market turns.

• Chart Visualization:
  

Each of these analyses considers current market sentiment, noting the presence of institutional activity and resistance levels benchmarked against both short- and medium-term objectives. Use this as part of a broader strategy, ensuring adherence to your risk management framework.