Back to Insights

Continuation Breakout Tuesday 4PM 6/24/2025

June 24, 2025 2 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: June 24, 2025, in EST.

Based on the provided data for various tickers, notable observations can be made about sector and industry performances over the past 30 days, with an emphasis on recent 10-day developments. The focus includes diverse sectors such as technology (ETN, COIN), pharmaceuticals (ALNY, AMLX), and financial services (GS), as well as renewable energy (FSLR) and consumer goods (FNKO).

In recent days, there has been an uptick in volume for many stocks, indicating heightened trading activity, likely due to earnings reports, economic data releases, or geopolitical developments. The energy sector, represented by FSLR, showed signs of consolidation despite high volume, which might point to an impending breakout. In the tech sector, COIN and ETN are showing mixed signals with slight volatility, suggesting potential for periodic gains amidst turbulence.

Pharmaceuticals like ALNY and AMLX have exhibited steady upward momentum, while the financial sector, typified by GS, demonstrates stability with moderate fluctuations. The consumer goods sector, depicted by FNKO, however, illustrates weaker momentum, indicating potential bearish consolidations.

Ticker Performance Prediction:

Likely to Go Up in Next 2-3 Days:
1. ALNY (Alnylam Pharmaceuticals): Strong upward pressure with increased trading volume.
2. AMLX (Amylin Pharmaceuticals): Consistent gains with bullish candlestick formations.
3. FSLR (First Solar): Despite consolidation, it appears poised for a possible breakout given solar energy’s sectoral trends.

Strong Bullish Signals:
ALNY: Volume increase alongside higher closes is a bullish sign.
AMLX: Convergence of higher lows in the closing prices.
FSLR: Close to breaking out of its range, likely to go higher.

Individual Stock Analysis:

1. ALNY (Alnylam Pharmaceuticals)

  • Support Levels:
    • $323.00
    • $322.00
    • $320.50
  • Resistance Levels:
    • $325.50
    • $326.50
    • $328.00
  • Price Action Predictions:
    • Expecting range-bound movement with potential breakout above $326.00.
    • Price Targets: $326.00, $328.00 within 2 days.
  • Entry Suggestions:
    • Ideal entry near $323.50 support.
  • Stop-Loss Recommendation:
    • Set stop-loss at $320.00.
  • Chart Visualization:
    • finviz dynamic chart for  ALNY

2. AMLX (Amylin Pharmaceuticals)

  • Support Levels:
    • $6.44
    • $6.32
    • $6.20
  • Resistance Levels:
    • $6.58
    • $6.65
    • $6.75
  • Price Action Predictions:
    • Upward trajectory likely; breaking past $6.58 could target $6.75 in 3 days.
  • Entry Suggestions:
    • Entry near $6.44 support.
  • Stop-Loss Recommendation:
    • Consider stop-loss at $6.30.
  • Chart Visualization:
    • finviz dynamic chart for  AMLX

3. FSLR (First Solar)

  • Support Levels:
    • $150.05
    • $152.00
    • $153.00
  • Resistance Levels:
    • $153.50
    • $154.60
    • $156.00
  • Price Action Predictions:
    • Look for breakout above $153.50; targets $156.00 within 3 days depending on volume spikes.
  • Entry Suggestions:
    • Enter positions around $152.50 for momentum play.
  • Stop-Loss Recommendation:
    • Establish stop-loss at $150.00.
  • Chart Visualization:
    • finviz dynamic chart for  FSLR

These analyses are based on short-term momentum and are subject to market conditions, requiring careful monitoring of external news flows and broader economic variables impacting sectoral performance.

Share: