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Continuation Breakout Wednesday 1PM 3/26/2025

March 26, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Analyzed: March 26, 2025, Eastern Standard Time (EST).

The data encompasses stocks across various sectors, including technology, energy, healthcare, and consumer goods. Over the past 30 days, several trends have emerged within these sectors. Notably, the technology sector has experienced a slow rally, with stocks like ACN (Accenture) and LIN (Linde plc) demonstrating upward momentum as indicated by steady growth in stock price and heightened trading volumes. Similarly, energy stocks such as CVX (Chevron) and VLO (Valero Energy) have shown favorable performance, driven by increased oil prices and seasonal demand. The healthcare sector, highlighted by stocks such as ELV (Elevance Health) and PNRG (Paragon), is showing signs of recovery, possibly due to improved market sentiment and ongoing medical advancements.

In contrast, consumer goods have seen mixed results, with tickers like JFIN (Jiayin Group) reflecting more volatility. The volume patterns within these sectors indicate increased investor interest, particularly in technology and healthcare, which may result in continued positive momentum.

Ticker Performance Prediction:

Based on the recent price and volume developments, the following tickers are predicted to rise over the next 2-3 days:

  • ACN (Accenture): Strong bullish signals supported by consistent price hikes and upward volumes.
  • LIN (Linde plc): Momentum supported by increased trading activity and favorable market conditions.
  • PNRG (Paragon): Indication of bullish swings due to increased oil demand and strong recent performance.
  • VLO (Valero Energy): Benefiting from rising oil prices and seasonal demand increases.
  • EDBL (Edible Garden AG): Short-term upward momentum due to increased buying interest and recent stock performance.

Individual Stock Analysis:

ACN (Accenture)

  • Support Levels: $310, $312, $314
  • Resistance Levels: $316, $318, $320
  • Price Prediction (Next 2-3 Days): The upward trend may persist, with prices potentially testing the $318 level. Look for a breakout above $316 to confirm further bullish momentum.
  • Entry Point: Near $312 if retraces occur.
  • Stop-Loss: Below $310 to manage downside risk.
  • finviz dynamic chart for  ACN

LIN (Linde plc)

  • Support Levels: $460, $462, $464
  • Resistance Levels: $466, $468, $470
  • Price Prediction (Next 2-3 Days): Continuation towards $468 looks achievable if current momentum sustains. Watch for pullbacks near $462 for new entries.
  • Entry Point: Near $462 if seen as supportive.
  • Stop-Loss: Below $460.
  • finviz dynamic chart for  LIN

PNRG (Paragon)

  • Support Levels: $230, $232, $234
  • Resistance Levels: $236, $238, $240
  • Price Prediction (Next 2-3 Days): Trend appears bullish with tests around the $238 level expected. Sustained volume may push towards $240.
  • Entry Point: Close to $232 to capitalize on upward trend.
  • Stop-Loss: Below $230.
  • finviz dynamic chart for  PNRG

VLO (Valero Energy)

  • Support Levels: $134, $136, $138
  • Resistance Levels: $140, $142, $144
  • Price Prediction (Next 2-3 Days): Positive oil dynamics may push prices towards $142. Entry near support at $134 is strategic.
  • Entry Point: Near $134 for upside potential.
  • Stop-Loss: Below $134.
  • finviz dynamic chart for  VLO

EDBL (Edible Garden AG)

  • Support Levels: $3.20, $3.40, $3.60
  • Resistance Levels: $3.80, $4.00, $4.20
  • Price Prediction (Next 2-3 Days): Potential for a rise towards $4.00, given current volume supporting upward momentum.
  • Entry Point: Near $3.40 for risk mitigation.
  • Stop-Loss: Below $3.20.
  • finviz dynamic chart for  EDBL

Overall, these stocks represent potential high performers in the short term, supported by strong sector fundamentals and recent trading patterns. Ensure to monitor market developments to validate predictions and adjust positions accordingly.

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