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Continuation Breakout Wednesday 3PM 8/06/2025

August 6, 2025 3 min read

Overall Sector and Industry Analysis (Date Range: 2025-08-06, EST):

In examining the price and volume data across various stocks over the past 30 days, with a focus on the last 10 days, we observe notable trends within key sectors and industries. The analysis highlights a general resilience among technology and industrial sector stocks, evidenced by prominent tickers like CMI, AVGO, and MSI showing bullish tendencies in their stock performance.

  • Technology Sector (AVGO, MSI, PLTR): This sector is displaying consistent volume and upward momentum, particularly in stocks such as AVGO and MSI. These stocks have shown a pattern of higher lows and increased volume, suggesting accumulation.

  • Industrial Sector (CMI, DY, MTZ): Stocks in this sector, especially CMI and DY, indicate robust demand with an increase in volume and upward price movement.

  • Healthcare and Biotechnology Sector (ALAB, SLGL): These stocks demonstrate relatively stable performance with moderate volume, indicating neither strong accumulation nor distribution trends.

  • Consumer Goods (COST, WCN): COST is notably breaking out on high volume, while WCN is showing consolidation patterns, suggesting a potential for a breakout if volume increases.

  • Finance and Real Estate (VRSN, CACC): Mixed trends were observed with VRSN seeing some consolidation and CACC indicating potential for short-term gains due to recent bullish candles increasing in volume.

Ticker Performance Prediction:

Based on the recent price action and volume analysis, the following tickers are likely to see upward momentum over the next 2-3 days:

  • AVGO: Strong upward trend with increasing volume suggests it may hit new short-term highs.
  • CMI: Momentum build-up supported by volume pickup indicates potential upward movement.
  • MSI: With consistent price increase and volume, it appears bullish.
  • COST: Demonstrates breakout characteristics on higher volume, indicating possible further gains.

Individual Stock Analysis:

AVGO:

  • Support Levels: $300, $297, $295
  • Resistance Levels: $305, $310, $315
  • Price Action Prediction: Expect AVGO to test $305, with a possible breakout to $310 if volume supports.
  • Price Targets: Near-term target at $305, and targets at $310 if momentum holds.
  • Entry Point: Consider entering near $300, with tight stops at $297.
  • Stop-Loss: $295
  • Chart: finviz dynamic chart for  AVGO

CMI:

  • Support Levels: $379, $377, $375
  • Resistance Levels: $383, $385, $387
  • Price Action Prediction: Potential to break $383, with further upwards possibilities if volume inflates.
  • Price Targets: Initial at $383, with an extended target of $385.
  • Entry Point: Enter near $379 with a stop-loss at $377.
  • Stop-Loss: $375
  • Chart: finviz dynamic chart for  CMI

MSI:

  • Support Levels: $440, $438, $436
  • Resistance Levels: $444, $446, $448
  • Price Action Prediction: Momentum likely to push MSI beyond $444 if current trajectory persists.
  • Price Targets: $444 in the short-term, with $446 as a follow-up.
  • Entry Point: Near support around $440.
  • Stop-Loss: $438
  • Chart: finviz dynamic chart for  MSI

COST:

  • Support Levels: $970, $965, $960
  • Resistance Levels: $975, $980, $985
  • Price Action Prediction: COST may reach $975 with sustained volume.
  • Price Targets: Near $975, and potentially $980 if trend continues.
  • Entry Point: Around $970.
  • Stop-Loss: $965
  • Chart: finviz dynamic chart for  COST

Each chart, volume trend, and support/resistance level consider recent data with potential market movement impacting near-term forecasts. These insights offer swing traders data-driven analysis to execute short-term trades with clear strategic entry and exit points.

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