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Continuation Breakout Wednesday 2PM 9/03/2025

September 3, 2025 2 min read

Overall Sector and Industry Analysis

Date Range Analyzed: August 3, 2025, to September 3, 2025 (EST)

Over the past month, the overall market sentiment has been mixed across sectors, with certain stocks showing resilience despite broader volatility. Key sectors such as technology and healthcare exhibited notable shifts, influenced by both economic indicators and sector-specific developments.

In the technology sector, stocks like $MKL (Markel Group Inc.) have displayed solid performance with consistent price upticks, suggesting strong institutional interest and potential earnings strength. A standout pattern is found in $PI (Impinj, Inc.), where consecutive higher closes on increased volume suggest bullish accumulation.

In healthcare, $IRTC (iRhythm Technologies) and $FICO (Fair Isaac Corporation) showed elevated trading interest, hinting at heightened investor speculation likely triggered by recent clinical developments or financial results. Meanwhile, energy stocks showed mixed responses, with $ENVA (Enova International, Inc.) experiencing sideways movement, potentially awaiting a catalyst for a directional move.

Notable trends in recent days include upward momentum in $TFIN (Triumph Financial, Inc.) and a volume increase in $AUST (Austin Gold Corp.), suggesting possible short-term rallies.

Ticker Performance Prediction

Based on the short-term momentum analysis, the following tickers are likely to see upward movements in the next 2-3 days:

  • $MKL
  • $PI
  • $IRTC

These stocks have shown strong bullish signals through price breakouts on elevated volumes, which typically indicate continued momentum in the near term.

Individual Stock Analysis

  1. MKL (Markel Group Inc.)
    • Support Levels: $1940, $1930, $1920
    • Resistance Levels: $1960, $1975, $1990
    • Price Action Predictions & Targets:
      • Expect gradual upward movement in the range of $1950 to $1970.
      • Price target for 1-3 day swings are $1965 and $1978.
      • Suggested entry near $1945.
      • Recommend stop-loss level at $1935.
    • Chart Analysis: finviz dynamic chart for  MKL
  2. PI (Impinj, Inc.)
    • Support Levels: $190.5, $189.0, $187.5
    • Resistance Levels: $193.5, $195.0, $197.0
    • Price Action Predictions & Targets:
      • Look for a breakout past $192 to reach $194.
      • Near-term price targets include $194 and $196.
      • Entry point around $191.0 is ideal.
      • Stop-loss suggested at $190.
    • Chart Analysis: finviz dynamic chart for  PI
  3. IRTC (iRhythm Technologies)
    • Support Levels: $174.5, $173.5, $172.0
    • Resistance Levels: $177.5, $179.0, $180.5
    • Price Action Predictions & Targets:
      • Anticipate testing $177 resistance, potentially touching $179.
      • Price targets set at $177.5 and $178.5.
      • Entry should be considered around $175.0.
      • Suggested stop-loss at $174.
    • Chart Analysis: finviz dynamic chart for  IRTC

Please monitor these stocks closely, as short-term trades can be influenced by new market information, resulting in abrupt movements. Adjust your swing trading strategies accordingly to market developments and individual stock behaviors.

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