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Continuation Breakout Wednesday 11AM 9/24/2025

September 24, 2025 5 min read

Overall Sector and Industry Analysis (EST range reviewed: 2025-09-23 12:30 to 2025-09-24 11:30)

  • What’s in the tape: The strongest momentum and participation this morning are in crypto-exposed names (IREN, CAN, BTCS) and energy storage/cleantech (EOSE, STEM). Precious metals (CDE) are soft after an early pop. Oil/shipping (IMPP) is grinding higher. Consumer discretionary (ULTA) is range-bound with muted volume. Several micro/small-caps (ORIS, SPCB, PONY, AMZE, NB, XOS) show speculative bursts with mixed follow-through.
  • Trend/pattern takeaways (last 10 days emphasis via current session behavior):
    • Crypto cohort leadership: IREN and CAN are making higher highs on heavy, persistent volume with shallow pullbacks—classic momentum continuation behavior into 1–3 sessions. BTCS is constructive but more choppy mid-morning.
    • Energy storage bid: EOSE pushed through 11.00 with expanding range; STEM reclaimed 22 and is consolidating under 22.7—both supportive of near-term breakouts if dips hold.
    • Metals: CDE’s early strength faded toward flat—rotational money seems elsewhere short term.
    • Retail/large-cap discretionary: ULTA sitting tight near 530 suggests digestion rather than expansion.
    • Micro-cap/spec: ORIS and SPCB saw opening range expansions, then liquidity tapered; continuation depends on fresh volume pulses.
    • Transportation/EV small caps: XOS uptick on light volume; needs a VWAP-hold and fresh volume to matter.

Ticker Performance Prediction (next 2–3 days)

Most likely to continue higher:

  • IREN, EOSE, STEM, PONY, CAN

Strongest bullish signals:

  • IREN: Range expansion, heavy volume, holding near the top of the morning range.
  • EOSE: Breakout through 11.00 with sustained volume; shallow pullbacks bought.
  • STEM: Reclaim and hold of 22 with higher highs and a tight consolidation under 22.7.
  • PONY: Persistent bid with higher highs/lows and volume expansion into 23+.
  • CAN: Tight consolidation under 0.85 with repeated tests—setup for a through-and-hold.

Individual Stock Analysis and Trade Planning
Note: Support/resistance derived from today’s 30-minute structure and round-number supply/demand. ATR-style targets use today’s intraday range as a proxy given the limited historical data provided.

1) IREN

  • Supports: 48.15–48.35 (11:30 band), 47.90, 46.20
  • Resistances: 49.30, 50.00, 51.50–52.30 (extension/supply zone)
  • Next 2–3 days (30-min read): Expect a bull flag between ~48.2–49.3, then a push into 50+. Failure to hold 47.9 invites a deeper retest toward 46.8–46.2 before buyers try again.
  • 1–3 day targets:

– Near-term: 49.30 → 50.00
– Extension (ATR-style using today’s ~5.98 range): 52.30–54.10 if momentum/crypto beta stay hot

  • Entries:

– Pullback: 48.20–48.40, add on 48.80 reclaim
– Breakout: Through 49.35 with strong volume

  • Stops: 47.85 (tight) or 46.15 (swing)
finviz dynamic chart for  IREN

2) EOSE

  • Supports: 10.92–11.00, 10.70, 10.48
  • Resistances: 11.05–11.15, 11.50, 12.00
  • Next 2–3 days (30-min read): Buy-the-dip behavior above 10.9 suggests a stair-step toward 11.5. A clean 11.15 hold opens 11.5–12.0. Lose 10.70 and momentum stalls.
  • 1–3 day targets:

– Near-term: 11.15 → 11.50
– Extension (today’s ~0.94 range): 12.05

  • Entries:

– Pullback: 10.92–11.00 with risk defined
– Breakout: 11.16–11.20 through prior high

  • Stops: 10.65 (tight), 10.45 (conservative below morning range)
finviz dynamic chart for  EOSE

3) STEM

  • Supports: 22.07–22.20, 21.91, 21.49–21.50
  • Resistances: 22.35, 22.68, 23.00–23.30
  • Next 2–3 days (30-min read): Tight coil under 22.68. A pop-and-hold over 22.68 targets 23+. Slippage under 22.07 likely retests 21.9 then 21.5 where demand should show if trend intact.
  • 1–3 day targets:

– Near-term: 22.68 → 23.10
– Extension (today’s ~2.08 range): 23.70–24.75 if a trend day appears

  • Entries:

– Pullback: 22.10–22.20 with confirmation
– Breakout: 22.70–22.75 on volume

  • Stops: 21.85 (tight), 21.45 (below morning demand)
finviz dynamic chart for  STEM

4) PONY

  • Supports: 23.00, 22.58–22.69, 22.16–22.17
  • Resistances: 23.13–23.28, 23.50, 24.00
  • Next 2–3 days (30-min read): Strong trend morning. Expect a retest of 23.0–23.1; holding leads to a squeeze through 23.28 toward 23.7+. Loss of 22.58 would shift to a deeper consolidation day.
  • 1–3 day targets:

– Near-term: 23.28 → 23.70
– Extension (today’s ~1.67 range): 24.10–24.95

  • Entries:

– Pullback: 23.00–23.05 with a higher-low trigger
– Breakout: 23.30+ continuation

  • Stops: 22.70 (tight), 22.15 (below morning low)
finviz dynamic chart for  PONY

5) CAN

  • Supports: 0.840–0.844, 0.833–0.834, 0.821
  • Resistances: 0.852, 0.865–0.870, 0.880–0.900
  • Next 2–3 days (30-min read): Multiple taps under 0.85 with rising volume—setup for a through-and-hold. If 0.84 breaks decisively, expect a drift to 0.83/0.82 then reassess.
  • 1–3 day targets:

– Near-term: 0.852 → 0.865 → 0.880
– Extension (today’s ~0.086 range): ~0.895 to ~0.938 on strong tape

  • Entries:

– Pullback: 0.836–0.842
– Breakout: 0.853–0.855 with confirmation

  • Stops: 0.828 (tight), 0.818 (below morning demand)
finviz dynamic chart for  CAN

6) AMLX

  • Supports: 13.86–13.90, 13.72–13.75, 13.49–13.52
  • Resistances: 13.92, 14.00, 14.20–14.40
  • Next 2–3 days (30-min read): Steady grind higher with rising lows; look for a measured move through 13.92/14.00. Failure to hold 13.72 would likely reset momentum.
  • 1–3 day targets:

– Near-term: 13.92 → 14.10
– Extension (today’s ~0.51 range): ~14.18–14.43

  • Entries:

– Pullback: 13.75–13.85
– Breakout: 13.93–13.96

  • Stops: 13.64 (tight), 13.48 (pivot loss)
finviz dynamic chart for  AMLX

Secondary Bullish Watch (cleaner but slightly lower priority for immediate swing):

  • IMPP: Trend up. Supports 4.83, 4.78, 4.70; resistances 4.94, 5.00, 5.20. Targets 5.05–5.33. Entries: 4.84–4.87 or 4.95+, stops 4.75/4.68. finviz dynamic chart for  IMPP
  • NB: Needs 6.60–6.70 to hold for a turn back through 6.83 then 7.00. Supports 6.60, 6.50, 6.30; resistances 6.83, 7.00, 7.20. Targets 7.00–7.36. Entries: 6.62–6.68 or 6.85+, stops 6.48/6.28. finviz dynamic chart for  NB

Caution / Deprioritized

  • CDE: Early pop faded; no edge until it reclaims 18.28 and holds; otherwise chop.
  • ULTA: Tight, low-volatility range near 530—best for patience or mean-reversion setups rather than momentum.
  • ORIS, SPCB, XOS, AMZE, OMH, RAPP, SYBX, PRE, DNTH, BTCS: Mixed/low liquidity or incomplete follow-through during the morning. These can run on headlines/flows, but require strict risk control and intraday confirmation.

Notes

  • Due to the dataset provided, 30-day/10-day context is inferred primarily from today’s range/volume dynamics and obvious supply/demand around round numbers. For ATR-style targets, I used today’s intraday range as a proxy. Tighten or widen stops based on position sizing and your playbook.
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