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Continuation Breakout Wednesday 2PM 9/24/2025

September 24, 2025 4 min read

Overall Sector and Industry Analysis:

Datetime range analyzed (US/Eastern): 2025-09-24 from 11:00 to 14:00 (EDT). Note: only an intraday slice was provided; 30-day/10-day context is inferred from today’s 30-minute structure and typical continuation behavior rather than full historical candles.

  • Healthcare providers/outpatient services (HCA, THC) showed clean mid-day momentum. THC broke out 13:30 with expanding volume to 197.73; HCA pushed to 416.54 before settling. This points to near-term accumulation in hospitals/providers.
  • Energy storage/EV charging (EOSE, EVGO, STEM) saw buyers step in around 12:00–13:00. EOSE printed higher highs on heavy 30-min volume; EVGO trended from 4.59 to 4.84 then a controlled pullback; STEM’s pop faded—neutral.
  • Crypto miners/blockchain (IREN, CAN, BTCS) were bid through mid-day. IREN pushed 46.48 → 48.90 and held 48s; CAN and BTCS stair-stepped higher—risk-on tone supportive of further squeezes if crypto stays firm.
  • Materials/coal (METC) advanced steadily to 34.15 with strong turnover—leadership within cyclicals.
  • Consumer discretionary large caps (ULTA, WTW) were range-bound—no momentum edge.
  • China ADR/tech (BABA) faded slightly—relative laggard vs risk-on pockets.
  • Small/micro-cap biotech and illiquid names (CNTA, RAPT, AMLX, XNCR, ERAS, NEBX, MNPR, SYBX, ORIS, ECX, ELWS, XOS) were mixed to thin. CNTA/AMLX/RAPT printed constructive intraday higher lows; several others remained illiquid or soft—selectivity is crucial.

Noticeable patterns:

  • The 13:00–13:30 window produced synchronized breakouts (THC, METC, EOSE, EVGO) on rising 30-minute volume, a classic signal for potential next-day continuation if opening bids defend higher lows.
  • Crypto-adjacent tickers (IREN, CAN, BTCS) maintained higher bases into early afternoon—watch for correlation tailwinds.

Ticker Performance Prediction (next 2–3 days):

Most likely to continue higher:

  • EOSE, METC, THC, IREN, EVGO, HCA

Bullish signals observed:

  • Breaks of intraday highs with volume (EOSE, METC, THC, EVGO)
  • Strong holds above midday VWAP/higher low bases (IREN, HCA)
  • Sector tailwinds in providers and cyclicals; risk-on tape supportive of crypto-complex follow-through

Individual Stock Analysis (1–3 day swing plans; levels derived from today’s 30-min structure; “ATR” targets use today’s intraday range as a proxy):

EOSE

  • Supports: 11.10; 10.95–11.00; 10.84 (then 10.69)
  • Resistances: 11.26–11.35; 11.50; 11.80
  • Price action outlook (2–3 days): Holding above 11.10 in the first hour favors a push to 11.35, then 11.50; sustained volume could extend toward 11.80.
  • Targets (using ~0.66 intraday range): T1 11.35; T2 11.50; stretch T3 11.80
  • Entries: 11.00–11.10 pullback buy; or momentum add on 11.36–11.40 break with volume > prior 30-min bar.
  • Stop-loss: Tight 10.82; swing 10.68 (below session low)
  • finviz dynamic chart for EOSE

METC

  • Supports: 33.70–33.80; 33.20–33.30; 32.20–32.30
  • Resistances: 34.15; 34.75; 35.50
  • Price action outlook: Above 33.70 base keeps continuation to 34.15/34.75; strong tape could push 35.50 within 1–3 sessions.
  • Targets (range ~2.28): T1 34.15–34.25; T2 34.75–34.90; stretch T3 35.50–35.80
  • Entries: 33.75–33.95 on controlled dip; or 34.20 break reclaim with rising volume.
  • Stop-loss: 33.15 (beneath higher low); wider swing 32.70
  • finviz dynamic chart for METC

THC

  • Supports: 196.00; 195.07; 194.60
  • Resistances: 196.70 (close); 197.73; 199.50–200.00
  • Price action outlook: If 196 holds at the open, expect a retest of 197.7; strong bid could probe 199.5–200. Failure of 196 risks backfill to 195.
  • Targets (range ~3.61): T1 197.70–198.00; T2 199.50–200.00; stretch T3 201.50
  • Entries: 195.90–196.20 retest; momentum add through 197.80 with time-and-sales confirmation.
  • Stop-loss: 194.90 (beneath 30-min pivot); conservative 194.55
  • finviz dynamic chart for THC

IREN

  • Supports: 48.00; 47.60; 46.50–46.80
  • Resistances: 48.81–48.90; 49.50; 50.00–50.50
  • Price action outlook: Holding 48.00 projects a move to 48.9, then 49.5; crypto strength could propel a 50+ test within 1–3 days.
  • Targets (range ~2.42): T1 49.50; T2 50.00; stretch T3 51.00
  • Entries: 47.80–48.10 near VWAP/first pullback; breakout add 48.95 with sustained volume.
  • Stop-loss: 47.40 (tight); swing 46.90 (below base)
  • finviz dynamic chart for IREN

EVGO

  • Supports: 4.75; 4.70; 4.63–4.59
  • Resistances: 4.83–4.84; 4.90; 5.00
  • Price action outlook: A hold above 4.75 favors a push to 4.84 and 4.90; strong tape can test 5.00 within 1–2 sessions.
  • Targets (range ~0.25): T1 4.90; T2 5.00; stretch T3 5.15
  • Entries: 4.72–4.76 dip buy; momentum add on 4.85–4.86 with rising 30-min volume.
  • Stop-loss: 4.66 (tight under higher low); swing 4.58
  • finviz dynamic chart for EVGO

HCA

  • Supports: 412.00–412.10; 411.00; 410.80
  • Resistances: 414.90–415.00; 416.54; 418.00–420.00
  • Price action outlook: Retest/hold of 412–413 likely leads to 415 first, then 416.5; constructive market could stretch toward 418–420 in 1–3 sessions.
  • Targets (range ~5.73): T1 415.00; T2 416.50; stretch T3 418.50–420.00
  • Entries: 412.00–412.70 on controlled pullback; add on 415.10 break if volume expands.
  • Stop-loss: 410.90 (tight below session low cluster); swing 409.90
  • finviz dynamic chart for HCA

Additional notes and risk management:

  • Secondary bullish watch: CNTA (steady grind higher), AMLX (higher lows). Thin liquidity—use smaller size and insist on confirmation.
  • Names to avoid for momentum until liquidity improves: ORIS, ECX, ELWS, XOS, SYBX (thin/one-tick moves), and BABA (relative weakness).
  • Because full 30-day/10-day data weren’t provided, bias leans on today’s 30-minute momentum and sector read-throughs. For higher conviction, confirm next session by: opening hold above key supports, 30-min higher low structure, and rising relative volume on pushes into resistance.
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