Continuation Breakout Wednesday 1PM 10/01/2025

Overall Sector and Industry Analysis:

• Data window analyzed (EST): 2025-10-01 from 10:30 to 13:00.
• Note: Only intraday 30-minute bars for today were provided; daily context for the past 30 days and the most recent 10 trading days was not included. The daily support/resistance zones below are therefore provisional and anchored to visible intraday supply/demand and key round-number pivots; verify against your daily charts.

Sector/industry takeaways from price/volume:

• Semis and data storage led with steady accumulation and higher highs:

– Semi equipment and foundry: LRCX, AMAT, KLAC, ASML, TSM pushed higher on expanding intraday volume and persistent bid. KLAC/TSM/LRCX stair-stepped with minimal giveback.
– Storage: WDC and STX trended strongly higher with sequential higher highs and rising volume into 13:00.
– Fab-adjacent small/mid-cap: ACMR broke out above morning range with surging volume.

• AI/large-cap tech: QQQ drifted higher, confirming a risk-on tone. AAPL modestly firm; PLTR and CRWD lagged/softened intraday, showing some rotation within software.
• Drones/Defense: RCAT advanced to new intraday highs; AVAV held gains but consolidated; DPRO faded—selective strength favors names with clean intraday trend (RCAT > AVAV > DPRO).
• Energy storage/alt energy: STEM reclaimed 20 with strength; AMPX trended up all session; NRGV pushed higher but faded late—beta bid within the group.
• Healthcare: Managed care (UNH, ELV) softened; large-cap biotech mixed (REGN stabilized, AMGN drifted). Early defensive-to-cyclical rotation remains intact.
• Industrials/infrastructure: Mixed-to-flat (CAT, PH, PWR, AGX, STRL, EME) with light trend conviction; selective strength in specialty electrical remained but broad momentum was in semis/storage.

Notable intraday trends/patterns:

• Persistent trend days in semis/storage with higher lows and volume building into the midday hours (WDC, STX, LRCX, KLAC, ACMR).
• Small/mid-cap momentum continuation in satellite-to-cell and niche tech (ASTS, AMPX), plus a speculative spike/hold in WYFI.
• Software/security relative weakness while hardware outperformed (CRWD lag vs. LRCX/AMAT/KLAC strength).

Ticker Performance Prediction (next 2–3 days):

• Most likely upside continuation: WDC, STX, LRCX, ACMR, ASTS, AMPX.
• Additional bullish-leaning watchlist: STEM, KLAC, TSM, RCAT, WYFI.
• Strongest bullish signals today: WDC, STX, ACMR (clean breakouts with rising volume), LRCX (orderly grind with higher highs), ASTS (momentum with elevated volume), AMPX (steady accumulation).

Individual Stock Analysis
Note: 30-minute projections use today’s structure; targets are set near visible supply and conservative extensions of today’s realized range. Stops sit just beyond nearby demand. Validate against your daily chart for multi-day pivots.

1) WDC

• Thesis: Trend day higher with expanding volume and strong close into HOD region—favors continuation on shallow pullbacks.
• Key support (daily zones, provisional):

– 127.50–127.10 (13:00 pullback low/12:30 congestion)
– 126.20–126.00 (midday higher low cluster)
– 125.00 (psych level)

• Key resistance:

– 129.33 (session HOD/supply tap)
– 130.00 (psych)
– 131.50 (upper extension/supply candidate)

• 30-min path (next 2–3 days): Prefer a pullback open; hold 127.5–128.0 and rotate up. Lose 126 with volume and momentum stalls.
• Price targets (1–3 day swing):

– PT1: 129.30–129.80
– PT2: 130.80–131.50
– PT3: 133.00 (if semis/storage momentum persists)

• Entry: 127.6–128.2 on a higher low/volume dry-up.
• Stop: 125.90–126.20 (below demand and morning pivot).
• 

2) STX

• Thesis: Persistent strength, higher highs, and strong tape in storage peers.
• Key support:

– 249.70–249.20 (midday support)
– 248.40 (prior breakout base)
– 247.00 (round-number demand)

• Key resistance:

– 251.13 (HOD)
– 252.00 (psych)
– 255.00 (upper extension/supply)

• 30-min path: Consolidate 249–250, then push through 251–252. Failure below 248.4 risks a range-day reset.
• Price targets:

– PT1: 251.00–251.50
– PT2: 252.50–253.50
– PT3: 255.00

• Entry: 249.2–249.8 higher-low reclaim.
• Stop: 247.80–248.10.
• 

3) LRCX

• Thesis: Orderly grind up, higher highs each bar with broad semi strength—buy-the-dip setup.
• Key support:

– 138.00–137.85 (midday pivot)
– 137.10 (morning breakout area)
– 136.00 (round number/11:00 area)

• Key resistance:

– 138.86 (HOD)
– 140.00 (psych/next supply)
– 141.50–142.00 (extension zone)

• 30-min path: Dip buy into 137.6–138.1 base; break/hold above 138.9 opens 140+. Lose 137.1 and momentum pauses.
• Price targets:

– PT1: 139.40–139.80
– PT2: 140.50–141.00
– PT3: 142.00

• Entry: 137.6–138.1 on a tight higher low.
• Stop: 136.80–136.95.
• 

4) ACMR

• Thesis: High-volume range break from 40s into 42 with closing strength—classic continuation candidate.
• Key support:

– 41.78–41.70 (last pullback)
– 41.00–41.20 (round number/base)
– 40.50 (prior range top)

• Key resistance:

– 42.16 (HOD)
– 42.50 (psych/supply tag)
– 43.00 (extension)

• 30-min path: Retest 41.7–42.0, build a shelf, and push through 42.2–42.5. Failure back into 41 risks a deeper backfill.
• Price targets:

– PT1: 42.20–42.50
– PT2: 42.90–43.10
– PT3: 44.00 (if momentum/sector tailwind holds)

• Entry: 41.70–42.00 on tight consolidation and volume contraction.
• Stop: 41.10–41.25.
• 

5) ASTS

• Thesis: Momentum continuation with elevated volume; strong bid into close—watch for squeezes on breaks.
• Key support:

– 55.76–55.60 (13:00 pullback)
– 55.36–55.35 (12:30 higher low)
– 55.00 (psych)

• Key resistance:

– 56.67 (HOD)
– 58.00 (momentum extension)
– 60.00 (major psych/supply)

• 30-min path: Early test 55.6–56.0; reclaim 56.3–56.5 sets run at 56.7 and 58. Extended names can whip—size accordingly.
• Price targets:

– PT1: 56.60–57.00
– PT2: 58.00
– PT3: 59.50–60.00 (if continuation tape remains)

• Entry: 55.6–56.1 higher-low setup.
• Stop: 55.00–55.20.
• 

6) AMPX

• Thesis: Steady accumulation intraday with higher lows; constructive for a follow-through push.
• Key support:

– 11.23–11.17 (midday base)
– 11.14 (intraday pivot)
– 11.00 (psych)

• Key resistance:

– 11.41 (HOD)
– 11.60 (extension supply)
– 12.00 (psych/upper target)

• 30-min path: Base above 11.20–11.30; push through 11.40–11.45 opens 11.60+. Lose 11.14 and it likely chops.
• Price targets:

– PT1: 11.45–11.50
– PT2: 11.60–11.75
– PT3: 12.00

• Entry: 11.22–11.32 on tight risk.
• Stop: 11.05–11.12.
• 

High-conviction watchlist (no full plan here, but constructive for upside):

• STEM: Reclaimed 20 with momentum; supports 19.45/19.30, resistances 20.10/20.50.
• KLAC, TSM: Large-cap semi trend alignment with LRCX/AMAT; look for shallow pullbacks to prior 30-min bases.
• RCAT, WYFI: High-beta momentum; tighter risk management due to volatility.

Risk management and notes:

• With only a partial intraday window provided, confirm these provisional daily zones on your daily charts (prior swing highs/lows, gaps, and volume profile nodes).
• Size down into first entries; add only on confirmation (reclaim/break-and-hold with volume).
• If QQQ/semis fade broadly, tighten stops on the hardware/storage basket first (WDC/STX/LRCX/ACMR).

If you want, share your daily/30-day charts or ATR values, and I’ll refine the support/resistance zones and targets with greater precision.