Continuation Breakout Wednesday 3PM 7/02/2025

Overall Sector and Industry Analysis:

The data provided covers stock activity from various sectors and industries between June 26, 2025, to July 2, 2025, in Eastern Standard Time (EST). During this period, the market displayed a diverse range of performances among different stocks. The technology and semiconductor sectors, represented by stocks such as TSM, MPWR, and AMAT, showed stable price movements with consistent volumes, suggesting a steady interest in these stocks, likely driven by ongoing developments in the tech industry.

The healthcare and biotech sectors, including tickers like OPGN, NUVB, and SNSE, demonstrated significant but sporadic trading volumes and volatile price changes, indicating heightened investor interest possibly due to sector-specific news or developments.

In the consumer goods sector, NKE and SHAK displayed stable prices with moderate volume, aligning with consistent consumer spending patterns. Meanwhile, industrials represented by CAT and EME indicated stable performances, reflecting steady industrial activities.

In summary, technology and healthcare showed dynamic movements indicative of potential growth, while consumer and industrial stocks maintained stability.

Ticker Performance Prediction:

Based on the data analysis, the following tickers are likely to rise in the next 2-3 days:

1. TSM: Shows consistent upward movement driven by steady volume.
2. MPWR: Demonstrates a strong bullish trend with rising highs and lows.
3. RCL: Displays a consistent upward price trend and positive volume flow.
4. NKE: Indicates a bullish trend with strong resistance breakouts.

Among these, MPWR shows strong bullish signals due to its upward momentum and significant daily trading volumes.

Individual Stock Analysis:

MPWR:

• Support Levels:
  1. 763.00
  2. 760.47
  3. 756.00
• Resistance Levels:
  1. 769.52
  2. 770.00
  3. 775.00

Price Action Predictions:
– Next 2-3 Days: Expect MPWR to test the 770.00 resistance level. If volume increases, a breakout to 775.00 could occur.
– Price Targets for Swing Trade: Immediate target at 770.00, with extended targets at 772.50 and 775.00, considering daily ATR movements.
– Entry Point: Consider initiating positions near the 763.00 support level if price shows a rebound.
– Stop-Loss Levels: Place stop-loss near 760.47 to manage downside risk.

Chart Reference:

RCL:

• Support Levels:
  1. 322.00
  2. 321.29
  3. 320.00
• Resistance Levels:
  1. 324.57
  2. 325.00
  3. 326.50

Price Action Predictions:
– Next 2-3 Days: Anticipate a move towards the 324.57 resistance. A successful breach could see it aiming for 326.50.
– Price Targets for Swing Trade: Immediate target at 324.57, with extended targets at 326.00 and 328.00.
– Entry Point: Suitable entry around 322.00 support to capture upward momentum.
– Stop-Loss Levels: A conservative stop-loss at 321.29 is recommended.

Chart Reference:

This analysis assumes that the market conditions remain favorable, without any major macroeconomic changes or company-specific news affecting stock prices. Increased trading volumes will be a key factor supporting price movements and validating breakouts.