Overall Sector and Industry Analysis (Eastern Time window used: 2025-10-29, 12:00–14:00 ET; emphasis on the most recent 10 days of momentum characteristics inferred from this intraday window)
– Semiconductors and equipment: Mixed breadth. Storage and select optics showed relative strength: WDC trended up into the close with rising prints; COHR reclaimed morning losses and closed near the session highs. Process tools were flat-to-soft (KLAC churned; LRCX range-bound; MPWR faded; LITE weak). Small-cap semi AXTI had an early push then cooled, suggesting rotation within the group.
– Industrials/electrification: Stronger. ETN continued a steady staircase higher intraday, RS held bids, while TT and ROK cooled off late session after mid-day strength. Electrical contractors mixed (EME slipped late; POWL choppy).
– Financials: Soft-to-neutral tape. Money-center and bulge-bracket leaned down or flat (JPM, GS, AXP). Diversified wealth names fared better (AMP firm; LPLA steady). FCNCA illiquid.
– Energy: Mixed to weak. HAL range-bound to slightly lower; TPL bled; TGS faded after an early pop. No broad momentum bid in the complex.
– Healthcare/Biotech: Pockets of momentum. AVDL ground higher with steady buying; ACIU continued a breakout day; TNGX coiled with higher lows; NTRA stalled and VRTX faded.
– Consumer/Platforms: MELI bid and closing firm; SPOT drifted; WSM, DKS, BOOT softened. PLTR choppy and capped; FUTU tight.
Key takeaways: Rotation favored select industrials (ETN), storage (WDC), and a few healthcare/small-cap biotech momentum names (AVDL/ACIU). Broader financials and energy lacked sponsorship. Within semis, storage/optics outperformed equipment.
Ticker Performance Prediction (next 2–3 days)
– Most likely to rise: WDC, ETN, ITRI, MELI, COHR, AVDL.
– Strongest bullish signals today:
– WDC: Higher highs/higher lows into the close and strong finish near session high.
– ETN: Persistent grind higher with higher intraday highs; buyers in control.
– ITRI: Steady bid and close at highs.
– MELI: Trend up all session; closed strong.
– COHR: Reclaim and hold above midday VWAP with push into late-day highs.
– AVDL: Accumulation vibe with repeated dips bought and a firm close.
Individual Stock Analysis and Trade Plans
Note: Daily support/resistance zones are derived from visible supply/demand clustering and nearby round-number magnets given the intraday window provided. Use them as provisional levels; refine with your daily chart.
1) WDC
– Support: 142.00; 141.00; 139.50–139.00 zone
– Resistance: 142.96 (today’s high); 144.00; 145.50
– 30-min price action outlook (2–3 days): Expect an early push toward 143.5–144.2, a backtest into 142.1–142.3, then a continuation attempt. Above 143.8 opens 144.8 then 146.2 over 1–3 days if volume confirms.
– Swing targets (1–3 days): 144.8; 146.2; stretch 147.5
– Entry: 142.10–142.40 pullback; secondary add on 141.10–141.30 if tested and reclaimed
– Stop: 140.80 (tight) or 139.40 (swing)
2) ETN
– Support: 387.00; 385.80; 383.80
– Resistance: 389.00; 391.00; 393.50
– 30-min price action outlook (2–3 days): Likely to consolidate 386.5–388.5 then resolve higher. Through 389 triggers 391.4 then 393.0; failure pulls to 386–386.5 where dip buyers should defend.
– Swing targets (1–3 days): 391.4; 393.0; stretch 395.5
– Entry: 386.30–386.90 on orderly dip; add on 389.10 breakout with confirmation
– Stop: 384.80 (beneath demand)
3) ITRI
– Support: 138.20; 137.50; 136.10
– Resistance: 139.07–139.10; 140.00; 141.20
– 30-min price action outlook (2–3 days): Flagging under 139. A clean 139.10 break fuels 139.90–140.60, with follow-through toward 141.2 if indices are supportive.
– Swing targets (1–3 days): 139.90; 140.60; 141.20
– Entry: 138.30–138.60 pullback; add above 139.10 on acceptance
– Stop: 136.70
4) MELI
– Support: 2311.0; 2303–2305 congestion; 2296.0
– Resistance: 2315.25; 2330; 2350
– 30-min price action outlook (2–3 days): Early check-back into 2303–2308, then a drive to 2322–2328. Sustained strength can press 2338–2350 within 1–3 days.
– Swing targets (1–3 days): 2328; 2338; 2350
– Entry: 2304–2308 pullback; add near 2298 if tested and defended
– Stop: 2288
5) COHR
– Support: 138.70; 138.20; 137.87
– Resistance: 139.79; 140.50; 142.00
– 30-min price action outlook (2–3 days): Constructive reclaim above 139.80 sets 140.60, brief pause, then 141.80–142.20 if buyers maintain control.
– Swing targets (1–3 days): 140.60; 141.80; 142.20
– Entry: 138.80–139.10 on a controlled dip; momentum add over 139.85–139.90
– Stop: 137.70
6) AVDL
– Support: 18.78–18.80; 18.72–18.73; 18.60
– Resistance: 18.95–19.00; 19.20; 19.50
– 30-min price action outlook (2–3 days): Tight base 18.75–18.95. Break and hold above 19.00 targets 19.25 then 19.45–19.60.
– Swing targets (1–3 days): 19.25; 19.45; 19.60
– Entry: 18.78–18.85 base support; add on 19.02 reclaim with volume
– Stop: 18.55
Additional quick notes on notable movers
– ACIU: Momentum biotech with expanding range; watch 3.95–4.00 for continuation; support 3.80/3.73. High risk/reward.
– AXTI: Early pop then fade; needs 7.24 reclaim for continuation; support 7.02/6.90.
– PTIR: Intraday trend intact; over 37.12 opens 37.50–37.80; support 36.90/36.55.
– COHR/LITE divergence: Favor COHR long; avoid LITE until it reclaims 212.5.
Risk management and execution
– Stagger entries: Start with 1/2–2/3 size at support, add on confirmations or pullbacks that hold.
– Respect invalidation: If the first listed support fails on expanding volume, step aside and reassess at the next demand zone.
– Timeframe alignment: If the first 60–90 minutes do not confirm higher lows for the longs above, keep positions smaller or wait for end-of-day confirmations.
If you want me to refine daily support/resistance using full 30-day daily candles and true ATRs, send the daily OHLCV slice and I’ll tighten the levels and targets.