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Continuation Breakout Wednesday 4PM 6/18/2025

June 18, 2025 2 min read

Overall Sector and Industry Analysis

Datetime Range Analyzed: From 2025-05-19 to 2025-06-18 (EST)

Upon reviewing the stock datasets, several trends and patterns have emerged across different industries. Notably, there is a mixed sentiment with evidence of both consolidation and breakout movements.

  • Technology Sector: Stocks like LXEO and CRBC have shown varying degrees of momentum with CRBC consolidating around the $1.27 range, suggesting potential volatility ahead.
  • Financials: MKL is showing subtle signs of entering a phase of consolidation after a previous upward movement, with minimal range within $1950-$1960.
  • Energy Sector: CRCL shows strong bullish activity with consistent high volumes and large price escalations particularly in recent days, marking it as a leader in the energy sector.
  • Healthcare and Biotech: ABCL and MASS have demonstrated considerable volatility with high volume spikes, indicating potential breakout candidates in the short term.

Ticker Performance Prediction

Bullish Candidates (Likely to Rise in the Next 2-3 Days):

  1. CRCL: Strong breakout with high volume suggests continued upward momentum.
  2. ABCL: Notable volume increase and closing near highs signal potential for further rise.

Highlighted Stocks with Bullish Signals:

  • CRCL: Demonstrated resilience with strong higher highs, supported by volumes.
  • ABCL: Living above the moving average with support at immediate lows.

Individual Stock Analysis

CRCL (CRCL)

  • Key Support Levels: $199.80, $204.62, $208.20
  • Key Resistance Levels: $211.00, $215.00, and $220.00
  • Price Action Prediction: In the next 2-3 trading days, expect CRCL to continue its bullish trajectory potentially testing the $215.00 mark if volumes maintain.
  • Price Targets: Short-term targets are $210.00, $215.00, and extending to $220.00.
  • Entry Points: Ideal entry near $204.62 support level.
  • Stop-Loss Level: Suggested stop-loss at $199.80 to protect against significant pullback.
  • Finviz Chart: finviz dynamic chart for  CRCL

ABCL (ABCL)

  • Key Support Levels: $3.425, $3.470, $3.489
  • Key Resistance Levels: $3.550, $3.600, and $3.650
  • Price Action Prediction: Anticipated upward movement towards the $3.600 region with potential on high volume activity.
  • Price Targets: Aim for $3.500, $3.550 and perhaps extending to $3.600.
  • Entry Points: Looks best at the $3.470 support area for potential bounce-back.
  • Stop-Loss Level: Conservative approach with stop-loss at $3.425.
  • Finviz Chart: finviz dynamic chart for  ABCL

These stocks are buoyed by notable volumes and clear trading patterns, promising short-term opportunities providing the overall market sentiment remains conducive. Strategic entry and exit planning based on support/resistance levels and volume observation remains crucial.

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