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Continuation Breakout Wednesday 11AM 8/06/2025

August 6, 2025 2 min read

Overall Sector and Industry Analysis (From August 5 to September 6, 2025, EST):

In the analysis of the uploaded data, several patterns have emerged across different sectors. The electric machinery sector (POWL) shows strong movements with significant volume spikes indicating a higher volatility and potential upside. The technology sector, particularly reflected by stocks like PLTR, exhibits strong bullish trends over the past 10 days with rising volume, suggesting accumulation. Additionally, retail stocks like COST seem to maintain steady growth with consistent trading activities.

Noticeable Trends and Patterns:
POWL: Experienced significant volume spikes and a large price range in the past trading days, indicating strong bullish sentiment.
PLTR: Consistent upward momentums observed with increasing volumes, suggesting a major upward price move.
COST: Demonstrates stable growth, potentially guided by sustained consumer demand and strategic market positioning.

Ticker Performance Prediction:

Likely to Go Up in 2-3 Days:
PLTR: Given strong momentum and volume.
POWL: Strong recent volatility indicates potential upward movement.
COST: Consistent growth, complementing potential market sentiment.

Strong Bullish Signals:
PLTR: Strength in volume and price, crossing significant resistance levels.
POWL: Large trading volume suggests strong interest and potential upward price shifts.

Individual Stock Analysis with Support and Resistance Levels:

1. PLTR

  • Support Levels: $174, $171, $168
  • Resistance Levels: $180, $183, $187
  • Price Action Prediction for Next 2-3 Days:
    • Targets: $183, $187
    • Entry Point: Near $174 support level.
    • Stop-Loss: Below $171 to minimize risk.
finviz dynamic chart for  PLTR

2. POWL

  • Support Levels: $210, $205, $200
  • Resistance Levels: $229, $231, $235
  • Price Action Prediction for Next 2-3 Days:
    • Targets: $231, $235
    • Entry Point: Around $210 support level.
    • Stop-Loss: Below $205 to manage downside effectively.
finviz dynamic chart for  POWL

3. COST

  • Support Levels: $950, $940, $930
  • Resistance Levels: $965, $970, $975
  • Price Action Prediction for Next 2-3 Days:
    • Targets: $970, $975
    • Entry Point: Near $950 support zone.
    • Stop-Loss: Below $940 for protection against losses.
finviz dynamic chart for  COST

The analysis reflects segment-wise growth potential and highlights the stocks that may outperform in the short term based on momentum signals and pattern formations. These insights can aid in strategic trading decisions in the upcoming sessions.

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