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Continuation Breakout Wednesday 11AM 6/18/2025

June 18, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Range: June 18, 2025, 09:30 to 11:30 EST

In the analysis of recent price and volume data across multiple stocks, we observe a diverse performance across sectors. Here’s a sector and industry breakdown based on the performance:

  1. Financials (GS): Stable performance with GS trading in a range, closing slightly up within the session.
  2. Technology (ALNY, IDCC, VSAT, EQIX): Significant strength, particularly ALNY which displayed a strong uptrend, supported by bullish candlestick formations in the tech sector. High volume in EQIX suggests institutional interest.
  3. Healthcare (KYMR, CRBU): Both KYMR and CRBU show upward momentum, with CRBU displaying a promising breakout pattern.
  4. Energy (LEU): Experienced a slight pullback after a morning rally, showing some resilience after initial volatility.
  5. Consumer Discretionary (RCL, MOMO): Generally positive, with RCL exhibiting strong upward movement driven by robust volume suggesting possible continued strength.
  6. Basic Materials (TNGX, ABCL, LODE): Notably, TNGX had high volatility, ending mixed with possibilities for higher volatility continuation.
  7. Industrials & Miscellaneous (EDHL, CRCL, COR, WWD): Mixed performances with no significant directional bias in the 10-day context, except CRCL, which appeared bullish.

Noticeable Trends:

  • Bullish Trends: ALNY, CRBU, and KYMR show strong signs of upward momentum, with ALNY and CRBU particularly benefiting from strong buyer interest.
  • Volume Surges: Notably, AMZE and CRCL showed marked volume increases, indicating potential entry points for short-term swing trades.
  • Consolidation and Breakout Potential: MOMO and IDCC exhibit patterns that suggest potential breakout opportunities from consolidation zones.

Ticker Performance Prediction:

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

  • ALNY: Consistent higher highs and closes above previous highs suggest further upward potential.
  • CRBU: Exhibiting strong volume and price breakouts, likely to continue upward momentum.
  • KYMR: Continues to establish an upward trend, supported by bullish volume patterns.

Strong Bullish Signals:

  • ALNY and CRBU due to robust bullish candlesticks and volume surge.

Individual Stock Analysis:

  1. ALNY
    • Support Levels: 313, 310, 307
    • Resistance Levels: 318, 320, 325
    • Price Action Prediction: Likely to target $318-$320 range within next sessions with a positive trend continuation.
    • Price Targets for Swing: Immediate target at 318, extended target at 325.
    • Entry Points: Around 313, with close monitoring of support at 310.
    • Stop-Loss Levels: Below 307 to manage downside risk.
    • finviz dynamic chart for  ALNY
  2. CRBU
    • Support Levels: 1.20, 1.15, 1.10
    • Resistance Levels: 1.25, 1.30, 1.35
    • Price Action Prediction: Expected to push through the 1.25 mark with potential acceleration to 1.30 if volume persists.
    • Price Targets for Swing: Short-term target at 1.30, with potential climb to 1.35 if bullish trend sustains.
    • Entry Points: Around 1.20, key watching for reversal.
    • Stop-Loss Levels: Places stop below 1.15.
    • finviz dynamic chart for  CRBU
  3. KYMR
    • Support Levels: 46.50, 46.00, 45.50
    • Resistance Levels: 47.50, 48.00, 48.50
    • Price Action Prediction: May test resistance levels with buyers pushing past 47.50.
    • Price Targets for Swing: Immediate aim to 48.00, further target up to 48.50.
    • Entry Points: Around 46.50 for potential upward move.
    • Stop-Loss Levels: Below 45.50 to secure position.
    • finviz dynamic chart for  KYMR

Each of these stocks shows potential for short-term gains based on their recent price changes, volume, and overall market conditions.

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