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Continuation Breakout Wednesday 3PM 10/08/2025

October 8, 2025 4 min read

Overall Sector and Industry Analysis

  • Time window analyzed (EST): 2025-10-08, 13:00–15:30 ET (30‑minute bars provided). Note: A full 30‑day/10‑day history wasn’t included in the data you sent, so the commentary below leans on today’s 30‑minute structure and late‑day volume/momentum cues that often carry into the next 1–3 sessions.
  • Tech/AI/Cybersecurity led late-day:
    • Steady bids and higher closes in PANW, SNPS, PI, CIEN, DELL, VRTX, TEM, with NVDA edging higher into the bell. These closed near HODs on rising or persistent volume—classic short-term continuation setups.
  • Industrial contractors/infrastructure strong:
    • PWR, TT, EME, DY, MYRG firmed into the close; CAT and URI faded, suggesting rotation toward quality contractors (PWR, TT, DY, MYRG) vs heavy machinery/machinery rentals (CAT, URI).
  • Healthcare bifurcation:
    • Large-cap quality (VRTX, ELV) bid up, while many spec biotechs (NTLA, EDIT, ABCL, SANA, EOSE, PROK, CRVS) sold off—risk-off in small/micro-cap biotech persists.
  • Discretionary/misc:
    • DELL firm; DUOL range but constructive; ULTA flat; RL drifted lower; HSY slight grind higher.
  • Metals/miners mixed-to-soft: GAU, USAS churned with no momentum.
  • Takeaway: Broad late-day accumulation in quality Tech/Cyber (PANW, SNPS, CIEN, PI), select Semis/Hardware (DELL, NVDA), and Industrial contractors (PWR, TT, DY, MYRG). Spec biotech remains a headwind. This supports a 1–3 day momentum bias long in the strongest groups.

Ticker Performance Prediction (next 2–3 days)

  • Most likely to continue higher: PI, PANW, SNPS, PWR, TT, DELL, VRTX, CIEN, TEM.
  • Strongest bullish signals (closed near HOD with constructive 30‑min structure): PI, SNPS, PANW, CIEN, DELL, VRTX.

Individual Stock Analysis (1–3 day swing plans)
Notes:

  • Supports/Resistances are derived from today’s 30‑min structure and nearby round-number zones that often act as supply/demand on the daily.
  • Entries favor pullbacks to support or break/retest of resistance.
  • Stops are placed just beyond key levels; adjust sizing to risk.

1) PI

  • Supports: 206.0; 205.1; 204.9
  • Resistances: 210.15 (HOD); 212.0; 214.0
  • 30‑min outlook (2–3 days): Prefer early pullback to 206–207, then a HOD break toward 212–214. Consolidation above 206 keeps momentum intact; loss of 204.9 delays setup.
  • Price targets (1–3 days): 211.5; 214.0; 217.5
  • Entry ideas: 206.3–207.2 pullback; or 210.2–210.6 break/retest.
  • Stop: 203.9–204.5 (below S3/Friday’s base risk).
finviz dynamic chart for PI

2) PANW

  • Supports: 216.4; 216.15; 215.7
  • Resistances: 217.47 (HOD); 218.5; 220.0
  • 30‑min outlook: Grind higher setup. Hold 216–216.4, then push through 217.5 toward 219–220. Lose 215.7 and we likely base first.
  • Price targets: 218.2; 219.7; 221.5
  • Entry: 216.2–216.6 pullback; or 217.6 reclaim after a brief poke above HOD.
  • Stop: 214.9–215.2
finviz dynamic chart for PANW

3) SNPS

  • Supports: 489.1; 488.3; 486.5
  • Resistances: 491.15 (HOD); 493.0; 495.5
  • 30‑min outlook: Continuation likely if 488–489 holds. Break and hold over 491–492 opens 493–495.5.
  • Price targets: 492.8; 495.0; 498.0
  • Entry: 489.2–489.8 pullback; or 491.3 break/retest.
  • Stop: 485.8
finviz dynamic chart for SNPS

4) PWR

  • Supports: 439.3–439.8; 438.7; 438.1
  • Resistances: 441.78 (HOD); 443.0; 445.5
  • 30‑min outlook: Strong close near HOD favors an opening retest of 439.5–440.2, then a push through 441.8. Above 443, momentum can extend.
  • Price targets: 443.0; 445.0; 448.0
  • Entry: 439.6–440.4 pullback; or 441.9–442.1 break/retest.
  • Stop: 437.8
finviz dynamic chart for PWR

5) TT

  • Supports: 426.5; 425.8; 424.3
  • Resistances: 427.9 (HOD); 429.5; 432.0
  • 30‑min outlook: Higher-lows stair-step. Look for 426–427 to hold and a push through 428–429. If 425.8 fails, expect a deeper base before trend resumes.
  • Price targets: 429.2; 431.5; 434.0
  • Entry: 426.6–427.1 pullback; or 428.0 break/retest.
  • Stop: 424.8
finviz dynamic chart for TT

6) DELL

  • Supports: 162.38; 162.11; 161.65
  • Resistances: 163.36 (HOD); 164.0; 165.0
  • 30‑min outlook: Rising channel day. Holding 162.3–162.8 should fuel a move to 164–165. Weak only on a firm break below 161.6.
  • Price targets: 164.0; 165.2; 167.0
  • Entry: 162.4–162.8 pullback; or 163.4 break/retest.
  • Stop: 161.4
finviz dynamic chart for DELL

7) VRTX

  • Supports: 419.6; 418.4; 417.5
  • Resistances: 420.51 (HOD); 421.5; 423.0
  • 30‑min outlook: Tight trend day with strength into the bell. Expect 419–419.3 to act as pivot; over 420.5 can squeeze to 421.5–423.
  • Price targets: 421.5; 423.0; 425.0
  • Entry: 418.8–419.3 pullback; or 420.6 break/retest.
  • Stop: 417.4
finviz dynamic chart for VRTX

8) CIEN

  • Supports: 158.07; 157.65; 157.32
  • Resistances: 158.72 (HOD); 159.5; 160.5
  • 30‑min outlook: Slow build higher. As long as 157.6–158.1 holds, a grind to 159.5–160.5 is favored over 2–3 days.
  • Price targets: 159.5; 160.5; 162.0
  • Entry: 157.8–158.2 pullback; or 158.8 break/retest.
  • Stop: 157.0
finviz dynamic chart for CIEN

9) TEM

  • Supports: 101.87; 101.43; 100.72
  • Resistances: 102.93 (HOD); 103.5; 105.0
  • 30‑min outlook: Strong trend session with a modest late pullback—often sets up a Day 2 push. Hold 101.8–102.1, then test 102.9–103.5.
  • Price targets: 103.5; 104.8; 106.5
  • Entry: 101.9–102.2 pullback; or 103.0 break/retest.
  • Stop: 100.9
finviz dynamic chart for TEM

Quick risk notes

  • If the first support breaks on expanding volume, assume a base-building day rather than immediate continuation.
  • Many speculative biotechs showed distribution; until they reclaim intraday pivots with volume, trend-following longs are lower probability there.
  • Consider trimming into first targets; roll stops to breakeven after T1 is hit to protect capital.

If you want, send the broader 30‑day data next and I’ll refine supports/resistances against the daily supply/demand zones and compute ATR‑based targets more precisely.

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