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Continuation Breakout Wednesday 3PM 9/17/2025

September 17, 2025 3 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: September 8, 2025, to September 17, 2025 (Eastern Standard Time)

Over the past 30 days leading into September 17, 2025, market participants have experienced notable developments within various sectors, with distinct momentum shifts across different industries. This period, particularly the last 10 days, highlights increased volatility in technology, healthcare, and energy sectors.

  1. Technology Sector: Stocks like [AMLX] showcased strong upward momentum, reflecting increased interest and speculative activity. The sector overall demonstrated a robust performance, catalyzed by advancements in AI and semiconductor demand. [MU], [INTU], and [SPGI] were standout performers due to strong earnings results and positive guidance, indicating sustained bullish momentum.

  2. Healthcare Sector: This sector showed diverging trends with high volume transactions signifying heavy institutional activities but mixed price actions. Stocks like [ONC] and [LAES] reflect both positive and negative investor sentiments, dictated by their recent clinical results and approval news.

  3. Energy Sector: Stocks within this domain displayed resilience amidst fluctuating crude prices and geopolitical tensions. [BE] and [EFX] observed significant trading volumes, indicating potential setups for breakout strategies. [WCT] experienced heightened interest due to renewable energy initiatives.

Noticeable Trends and Patterns:

  • Volume Surges: There are notable volume surges in stocks like [DO] and [XOM], signaling increased institutional participation and retail interest.
  • Price Patterns: Engulfing patterns and breakouts are frequent in [MU] and [SPGI], suggesting further price appreciation if current market conditions persist.

Ticker Performance Prediction:

Likely Bullish Tickers (Next 2-3 Days):

  • [MU] (Micron Technology): Continuing bullish trend supported by substantial buying pressure and above-average volume.
  • [BE] (Bloom Energy): Momentum supported by positive sector trends and technical breakout levels signaling potential upward movement.
  • [AMLX] (Amylyx Pharmaceuticals): Strong bullish signals including institutional buying and positive news cycle.

Individual Stock Analysis:

1. MU (Micron Technology):

  • Support Levels: 158.00, 156.70, 155.00
  • Resistance Levels: 160.50, 162.00, 164.00

Price Action Prediction:
– Baseline prediction of continuous upward momentum towards $160 within the next 2-3 trading days. Certain corrections near $158.70 may serve as entry points.
Price Targets: $160.50, $162.00 for the 1-3 day swing.
Entry Points: Near $158.00, should there be a pullback.
Stop-Loss: Set near $156.50 to safeguard against heightened volatility.

Finviz Chart: finviz dynamic chart for  MU

2. BE (Bloom Energy):

  • Support Levels: 78.00, 77.00, 76.00
  • Resistance Levels: 80.50, 81.20, 82.00

Price Action Prediction:
– Expecting a continuation of upward trend with the potential to break through $80.50. Look for potential corrections around $78.30.
Price Targets: $80.50, $81.30 based on ATR movement.
Entry Points: Around $78.00 as it approaches support.
Stop-Loss: Around $76.50 taking into account recent lows and volatility.

Finviz Chart: finviz dynamic chart for  BE

3. AMLX (Amylyx Pharmaceuticals):

  • Support Levels: 12.75, 12.50, 12.30
  • Resistance Levels: 13.10, 13.50, 13.90

Price Action Prediction:
– Anticipate a bullish run given the positive news catalysts, with potential target nearing $13.50.
Price Targets: $13.10, $13.50 according to ATR calculations.
Entry Points: Near $12.75 post pullback.
Stop-Loss: Near $12.40, a security level based on recent volatility.

Finviz Chart: finviz dynamic chart for  AMLX

Given the current market context, traders should closely monitor these stocks while remaining vigilant of geopolitical developments and sector-specific news that could affect the broader market sentiment and subsequently influence short-term trading strategies.

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