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Continuation Breakout Wednesday 1PM 9/17/2025

September 17, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: August 18, 2025, to September 17, 2025, in EST.

In the past month, the stock market presented mixed results across various sectors, with some showing signs of recovery while others experienced downward trends. The technology and energy sectors maintained their bullish momentum, driven by strong performances from stocks like ADBE and MU. Meanwhile, financial stocks like GS and EFX displayed resilience, although their pace of growth was moderate. On the other hand, some stocks from the materials and resource sectors, such as CMI and GRI, displayed a lack of momentum, indicating potential consolidation or even bearish trends.

From the data analyzed for various tickers, notice a substantial increase in trading volumes for some health and biotech-focused stocks, possibly indicating an increased investor interest or sector-specific news influencing trading activities. NCEW and MRM in particular displayed increased volume suggesting forthcoming volatility or significant news events.

Ticker Performance Prediction:

The following stocks exhibit strong bullish signals and are likely candidates for potential upward movement in the next 2-3 days:

  1. ADBE (Adobe Inc.)
  2. GS (Goldman Sachs)
  3. WULF (Terawulf Inc.)
  4. RILY (B. Riley Financial, Inc.)
  5. LAES

Individual Stock Analysis:

  1. ADBE (Adobe Inc.):
  • Support Levels: $362.00, $361.00, $359.50
  • Resistance Levels: $364.50, $365.50, $367.50
  • Price Action Prediction: Strong buying interest around support levels at $362.00 could propel prices. Keeping an eye out for a breakout above $364.50 resistance is crucial, as this would signify a bullish signal.
  • Price Targets: $364.50 (initial target), $365.50, $367.50 (extended target)
  • Entry Point: Look for entries near $362.00 or $361.00
  • Stop-Loss Level: Consider placing a stop-loss below $359.50 to protect from downside risk.
  • Finviz Chart: finviz dynamic chart for  ADBE
  1. GS (Goldman Sachs):
  • Support Levels: $790.00, $788.00, $786.00
  • Resistance Levels: $794.50, $796.00, $798.00
  • Price Action Prediction: If GS can maintain above $790.00 support, it could see an upward push towards resistance at $794.50, potentially yielding a strong breakout.
  • Price Targets: $794.50, $796.00, $798.00
  • Entry Point: Near $790.00 or following a bounce-back from $788.00
  • Stop-Loss Level: Stops may be placed below $786.00.
  • Finviz Chart: finviz dynamic chart for  GS
  1. WULF (Terawulf Inc.):
  • Support Levels: $10.80, $10.70, $10.60
  • Resistance Levels: $11.00, $11.10, $11.20
  • Price Action Prediction: Volume significance suggests potential spikes to resistance levels, watch for a solid move above $10.90 to confirm bullish activity.
  • Price Targets: $11.00, $11.10, $11.20
  • Entry Point: Consider entries at support levels near $10.80 or upon breakout above $11.00.
  • Stop-Loss Level: Halt patience below $10.60.
  • Finviz Chart: finviz dynamic chart for  WULF
  1. RILY (B. Riley Financial, Inc.):
  • Support Levels: $7.40, $7.20, $7.00
  • Resistance Levels: $7.60, $7.65, $7.70
  • Price Action Prediction: Bullish patterns emerging if it holds above support, test of $7.60 resistance will provide direction.
  • Price Targets: $7.60, $7.65, $7.70
  • Entry Point: Watch buying opportunities near $7.40
  • Stop-Loss Level: Stay cautious below $7.00.
  • Finviz Chart: finviz dynamic chart for  RILY
  1. LAES:
  • Support Levels: $3.53, $3.50, $3.48
  • Resistance Levels: $3.58, $3.60, $3.65
  • Price Action Prediction: An increase in investor interest might lead to surpassing $3.58, triggering higher movement.
  • Price Targets: $3.58, $3.60, $3.65
  • Entry Point: Near $3.53 for support play, or above $3.60 for breakout
  • Stop-Loss Level: Tight stops could be at $3.48 to limit losses.
  • Finviz Chart: finviz dynamic chart for  LAES

This analysis captures the market dynamics of selected stocks with upward potential based on their current activity and important technical indicators. Remember to evaluate trade decisions considering broader market conditions and news developments.

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