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Continuation Breakout Wednesday 1PM 9/24/2025

September 24, 2025 4 min read

Overall Sector and Industry Analysis (EST range analyzed: 2025-09-24 09:30 to 13:30)
Note: The dataset provided covers intraday 30-minute bars for today only, not a 30-day history. Commentary below emphasizes the most recent 5 hours of price/volume, treating today’s realized range as a proxy for near-term ATR.

  • Crypto/miners/blockchain: Strongest tape today. IREN led with higher highs/lows and heavy sustained volume into the afternoon; BTCS trended cleanly higher; CAN held a tight, constructive range; ELWS (blockchain software) stabilized after a morning dip. This cluster shows sector risk-on and makes follow-through likely if broader crypto stays bid. Tickers: IREN, BTCS, CAN, ELWS.
  • Energy storage/clean energy: EOSE and STEM both pushed to session highs late, with volume expanding on pushes—classic momentum continuation characteristics. Tickers: EOSE, STEM.
  • Healthcare/biotech: Mixed. AMLX stair-stepped higher and held gains; ERAS bled lower mid-day; NVNO drifted down; HCA (hospitals) was largely range-bound. Tickers: AMLX (firm), ERAS/NVNO (soft), HCA (flat).
  • Consumer discretionary/retail and services: ULTA drifted higher intraday with higher lows; WTW flat and illiquid mid-day. Tickers: ULTA (solid), WTW (muted).
  • Materials/mining: CDE (silver) faded; NB based and bounced strongly late—better relative strength vs. CDE. Tickers: CDE (weak), NB (improving).
  • Energy/shipping: IMPP mostly sideways. Ticker: IMPP (neutral).
  • Micro-caps/illiquid: OMH, XOS, SPCB saw thin volume and/or chop—not ideal for 1–3 day momentum setups.

Notable patterns

  • Strong, broad crypto tape: IREN, BTCS outperformed with clean intraday trend structure.
  • Energy storage rotation: EOSE and STEM broke higher with volume increasing on green bars—often a precursor to 1–3 day continuation.
  • Mixed healthcare: stock-picking required; AMLX stands out.

Ticker Performance Prediction (next 2–3 days)
Most likely to continue up:

  • IREN (strongest momentum/volume)
  • EOSE (breakout behavior + volume)
  • STEM (range expansion + higher highs)
  • BTCS (steady trend + crypto tailwind)
  • AMLX (orderly grind up; higher lows)
  • NB (late day reversal with volume; potential continuation)

Strongest bullish signals today: IREN, EOSE, STEM.

Individual Stock Analysis (1–3 day swing plans)
Using today’s intraday range as a short-term ATR proxy. Levels are drawn from the session’s visible pivots and obvious round-number zones.

1) IREN

  • Why: Higher highs/lows all afternoon on strong volume; sector leader in crypto.
  • Support: 48.24, 47.59, 46.48
  • Resistance: 48.90 (HOD), 49.50, 50.00
  • 30-min outlook: Look for a dip toward 48.2–48.5 to hold, then a push through 48.9; momentum continuation toward 49.5–50 if crypto stays firm.
  • Entry: 48.20–48.50 (on pullback/VWAP hold)
  • Stop: 47.50 (below S2 and prior higher low)
  • Targets (1–3 days): 49.50 (T1), 50.00 (T2), 50.90 (stretch; ~1x today’s realized range above a 48.9 break)
finviz dynamic chart for  IREN

2) EOSE

  • Why: Afternoon breakout with expanding volume; strong close near highs.
  • Support: 11.10–11.12, 10.97, 10.69
  • Resistance: 11.35 (HOD), 11.50, 12.00
  • 30-min outlook: Expect a retest of 11.10–11.20; a higher low there favors a break back through 11.35 toward 11.50+.
  • Entry: 11.05–11.15
  • Stop: 10.85 (below S1/S2 cluster)
  • Targets (1–3 days): 11.40 (T1 near prior push), 11.75 (T2 ~0.5–0.6 of today’s range), 12.05 (stretch/round)
finviz dynamic chart for  EOSE

3) STEM

  • Why: Range expansion day; higher highs late, energy storage cohort bid.
  • Support: 22.59, 22.15, 21.97
  • Resistance: 22.90 (HOD), 23.00, 23.30
  • 30-min outlook: Buy higher low above 22.2–22.4; a clean reclaim of 22.9/23 opens 23.3.
  • Entry: 22.20–22.40
  • Stop: 21.95 (below S3 and prior 30-min swing)
  • Targets (1–3 days): 22.90 (T1), 23.30 (T2), 23.70 (stretch; ~today’s realized range extension)
finviz dynamic chart for  STEM

4) BTCS

  • Why: Steady, orderly uptrend into the afternoon; crypto group strength.
  • Support: 4.815, 4.75, 4.70
  • Resistance: 4.87 (HOD), 4.95, 5.00
  • 30-min outlook: Favor a shallow pullback to 4.80–4.83; a break/hold above 4.87 targets 4.95–5.00.
  • Entry: 4.80–4.83
  • Stop: 4.74 (below S2 and intraday base)
  • Targets (1–3 days): 4.95 (T1), 5.00–5.05 (T2), 5.20 (stretch if momentum accelerates)
finviz dynamic chart for  BTCS

5) AMLX

  • Why: Steady grind higher, multiple successful dips bought; healthcare mixed but this is a relative-strength long.
  • Support: 13.80, 13.75, 13.70
  • Resistance: 14.02 (HOD), 14.20, 14.50
  • 30-min outlook: Expect a consolidation under 14; a push through 14.02 can magnet 14.20.
  • Entry: 13.85–13.92
  • Stop: 13.74 (below S2)
  • Targets (1–3 days): 14.05 (T1), 14.20 (T2), 14.45–14.50 (stretch)
finviz dynamic chart for  AMLX

6) NB

  • Why: Intraday reversal from 6.12 with strong late push; potential continuation if materials firm up.
  • Support: 6.42, 6.16, 6.12
  • Resistance: 6.50, 6.60, 6.80
  • 30-min outlook: Buy a higher low against 6.35–6.42; a clean break/hold over 6.50 favors 6.60–6.80.
  • Entry: 6.35–6.42
  • Stop: 6.18 (below S2/S3 zone)
  • Targets (1–3 days): 6.60 (T1), 6.80 (T2), 7.00 (stretch/round)
finviz dynamic chart for  NB

Additional notes

  • ULTA: constructive uptrend but slower tape; can be added on dips to 531–532 for a 533–535 test; institutional name with wider stops.
  • Avoid for now or use smaller size: ERAS (weak), CDE (metals soft), SPCB/OMH/XOS (thin), IMPP/WTW/HCA (range-bound), NVNO (downtrend intraday), CAN (needs fresh momentum above 0.85–0.86).

Risk management

  • Size positions relative to realized daily range: wider movers (IREN, EOSE, STEM) warrant smaller size and wider stops; slower names (AMLX) allow tighter risk.
  • If the next open gaps beyond planned entries, wait for a first 30–60 min higher low to form rather than chasing breakouts.
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