Continuation Breakout Wednesday 12PM 9/24/2025

Datetime range analyzed (EST): 2025-09-24 from 09:30 to 12:00 (plus two SYBX prints on 2025-09-23 at 14:00 and 16:00). Only intraday data was provided; 30-day/10-day context is inferred from today’s momentum and volume footprints.

Overall Sector and Industry Analysis:

• Crypto miners/blockchain (IREN, CAN, BTCS): Strong risk-on at the open, led by IREN’s surge to 49.30 on very heavy volume before a controlled midday pullback to 47.22. CAN ticked higher and held its morning ramp; BTCS faded the open. Pattern: money rotated into crypto early, then profit-taking into midday. If BTC holds firm, this group looks buy-the-dip biased, with IREN leading.
• Clean energy/storage and EV (STEM, EOSE, XOS): STEM blasted to 22.68 then based around 21.65; EOSE broke 11.15 intraday and consolidated above 10.80 with expanding volume; XOS illiquid but firm near 2.90–2.97. Pattern: early breakouts followed by constructive consolidations just under intraday highs—a bullish continuation setup if supports hold.
• Metals/mining (CDE, NB): Persistent sell programs all morning (CDE 18.33 → 17.85; NB 6.83 → 6.33) with accelerating volume on the downticks—weak tape; avoid longs until a reversal signal.
• Biotech/pharma (AMLX, RAPP, DNTH, PRE, ORIS, SYBX): Mixed. AMLX showed steady accumulation and higher highs/lows into 13.92. PRE pushed to 13.75 then digested. RAPP and DNTH trended down; ORIS had a pump-then-fade, SYBX illiquid. Selective strength favors AMLX (trend/accumulation); PRE is a continuation candidate on strength.
• Specialty retail (ULTA): Narrow, orderly range 529–532 with light/steady volume—low-momentum, not a prime short-term momentum long unless it breaks out.
• Shipping (IMPP): Clean intraday uptrend with higher highs/higher lows, closing near 4.86 after tagging 4.94—continuation candidate.
• Security/ID tech (SPCB): Held most of the opening ramp; consolidating 13.16–13.55 with higher lows—watch for 13.55+ continuation.
• Microcaps/others (OMH, AMZE, PONY): OMH flat/illiquid; AMZE gave back gains; PONY very volatile (spiked 23.28, retraced hard). Treat with caution unless reclaim triggers present.

Ticker Performance Prediction (next 2–3 days):

• Most likely to push higher: IREN, EOSE, STEM, IMPP, AMLX, SPCB
• Strongest bullish signals now: IREN (leader with volume, controlled pullback), EOSE (fresh breakout/consolidation), IMPP (trend intact), STEM (impulse then tight base), AMLX (steady accumulation)

Individual Stock Analysis (1–3 day swing setups)

IREN (Iris Energy)

• Support: 47.00–47.20 (midday base), 46.50 (open pivot), 46.20 (session low)
• Resistance: 48.35–48.47 (supply from 11:30), 49.06–49.30 (AM high), 50.00 (psych)
• 30-min read and next 2–3 days: Expect dip-and-rip behavior. If 47 holds, a retest of 48.5 then 49.3 is probable; a clean reclaim of 48.50 often accelerates to round 50.
• Price targets (1–3 days): 48.50, 49.80–50.00, stretch 51.50 (approx 1.5x today’s intraday range)
• Entries:

– Pullback: 47.10–47.30 with higher low confirmation
– Breakout: through 48.50 on rising 30-min volume

• Stop-loss:

– Pullback entry: 46.15–46.25 (beneath session low)
– Breakout entry: 47.70 (failed reclaim)

EOSE (Eos Energy)

• Support: 10.80 (midday shelf), 10.55–10.60 (AM pivot), 10.28 (session low)
• Resistance: 11.05–11.15 (intraday high band), 11.50, 12.00
• 30-min read and next 2–3 days: Bullish flag under 11.15 after a strong expansion bar. If 10.80–10.90 continues to hold, look for a push through 11.15 toward 11.50.
• Price targets (1–3 days): 11.15, 11.50, stretch 12.00 (roughly 1–1.5x today’s range)
• Entries:

– Pullback: 10.80–10.90 with tight risk
– Breakout: 11.16–11.20 with volume confirmation

• Stop-loss:

– Pullback: 10.40–10.45
– Breakout: back below 10.90

STEM (Stem Inc.)

• Support: 21.65 (current base), 21.50 (morning pivot), 21.20 (prior demand)
• Resistance: 22.00–22.20, 22.35, 22.68–22.70 (session high)
• 30-min read and next 2–3 days: Strong impulse to 22.68 then orderly drift into 21.65. Expect a range build; a higher low above 21.50 typically precedes a 22.20 test.
• Price targets (1–3 days): 22.20, 22.70, stretch 23.20 (about 1x today’s range)
• Entries:

– Pullback: 21.60–21.75 on a slowing sell tape
– Breakout: 22.20–22.25 with expanding volume

• Stop-loss:

– Pullback: 21.15–21.20
– Breakout: 21.80

IMPP (Imperial Petroleum)

• Support: 4.84–4.86 (midday support), 4.78 (10:30 pullback low), 4.55 (open base)
• Resistance: 4.92–4.94 (session high area), 5.00, 5.20
• 30-min read and next 2–3 days: Trend intact with shallow pullbacks. Expect a grind higher; a quick tag of 5.00 is likely if 4.84 continues to hold bids.
• Price targets (1–3 days): 4.95, 5.05–5.10, stretch 5.20
• Entries:

– Pullback: 4.82–4.86 on hold/reversal
– Breakout: 4.95+ with fresh volume

• Stop-loss:

– Pullback: 4.72–4.74
– Breakout: back inside 4.86

AMLX (Amylyx)

• Support: 13.70 (VWAP zone), 13.60–13.65 (mid-morning shelf), 13.49 (session low)
• Resistance: 13.92 (session high), 14.00, 14.20
• 30-min read and next 2–3 days: Consistent accumulation; higher lows into a tight top near 13.90–13.92. Looks set for a measured leg if it clears 14.00 with participation.
• Price targets (1–3 days): 14.00, 14.20, stretch 14.50
• Entries:

– Pullback: 13.65–13.75 on strength returning
– Breakout: 13.93–14.00 with volume > prior 30-min bars

• Stop-loss:

– Pullback: 13.48–13.50
– Breakout: 13.75

SPCB (SuperCom)

• Support: 13.20–13.24 (midday floor), 13.05–13.10 (dip buy zone), 12.80–12.85 (gap base; broader cushion)
• Resistance: 13.55–13.57 (session high), 13.80, 14.00
• 30-min read and next 2–3 days: Holding a bullish consolidation after the open pop. Over 13.55 with volume could squeeze toward 14.
• Price targets (1–3 days): 13.55, 13.85, stretch 14.10
• Entries:

– Pullback: 13.10–13.25 with clear higher-low setup
– Breakout: 13.57+ with volume confirmation

• Stop-loss:

– Pullback: 12.95
– Breakout: 13.30

Additional notes on other tickers:

• CAN, BTCS: Crypto beta plays; prefer IREN as the leader. CAN needs a firm reclaim above 0.85; BTCS needs to recover 4.80s to avoid further fade.
• PONY: Big spike then deep retrace; only interested on a reclaim of 22.90–23.00 with clear buy interest; otherwise choppy.
• ULTA: Watch for a daily close above 532 for a cleaner 1–3 day swing; otherwise range-bound noise.
• CDE, NB: Weak tapes; avoid long setups until a reversal base forms.
• RAPP, DNTH, ORIS, AMZE, OMH, XOS, SYBX, PRE: Mixed/illiquid or corrective. PRE is closest to a continuation if it reclaims 13.75 with volume.

Risk management reminder: These are momentum-based trade plans for short holding periods. Use position sizing and hard stops; reassess if broader market/sector momentum shifts. For educational purposes only.