Continuation Breakout Friday 4PM 7/19/2024
Overall Sector and Industry Analysis
Datetime range analyzed: 2024-06-20 to 2024-07-19 (EST)
Based on the past 30 days of price and volume data across various stocks, we observed that the technology and finance sectors saw notable activity. Stocks like WDAY (Workday) and NOW (ServiceNow) from the technology sector showed significant fluctuations in price due to high trading volumes, suggesting increased trader interest. Similarly, the finance sector, represented by stocks like FCNCA (First Citizens BancShares) and SFBS (ServisFirst Bancshares), showed heavy trading volume but a lesser degree of price volatility, indicating potential accumulative behavior.
Ticker Performance Prediction
Given the analyzed data, the following tickers appear likely to go up in the next 2-3 days, showing strong bullish signals:
- ARBK (Argo Blockchain)
- JAGX (Jaguar Health)
- JAGX (Jaguar Health)
- TPH (Tri Pointe Homes)
- AQST (Aquestive Therapeutics)
Individual Stock Analysis
WDAY (Workday)
Support Levels:
1. $225.00
2. $222.50
3. $220.00
Resistance Levels:
1. $230.00
2. $233.00
3. $235.50
Price Action Prediction:
– Entry Point: Near $225.00
– Price Targets:
– Target 1: $228.00
– Target 2: $230.00
– Target 3: $233.00
– Stop-Loss: Near $222.50
Open full analysis on WaveFinder →
ARBK (Argo Blockchain)
Support Levels:
1. $1.470
2. $1.440
3. $1.410
Resistance Levels:
1. $1.550
2. $1.580
3. $1.620
Price Action Prediction:
– Entry Point: Near $1.470
– Price Targets:
– Target 1: $1.520
– Target 2: $1.550
– Target 3: $1.580
– Stop-Loss: Near $1.440
Open full analysis on WaveFinder →
TRUE (TrueCar)
Support Levels:
1. $3.65
2. $3.60
3. $3.55
Resistance Levels:
1. $3.75
2. $3.80
3. $3.85
Price Action Prediction:
– Entry Point: Near $3.65
– Price Targets:
– Target 1: $3.75
– Target 2: $3.80
– Target 3: $3.85
– Stop-Loss: Near $3.60
Open full analysis on WaveFinder →
TELA (TELA Bio)
Support Levels:
1. $4.61
2. $4.58
3. $4.55
Resistance Levels:
1. $4.67
2. $4.70
3. $4.75
Price Action Prediction:
– Entry Point: Near $4.61
– Price Targets:
– Target 1: $4.67
– Target 2: $4.70
– Target 3: $4.75
– Stop-Loss: Near $4.58
Open full analysis on WaveFinder →
ORN (Orion Group Holdings)
Support Levels:
1. $11.315
2. $11.250
3. $11.200
Resistance Levels:
1. $11.520
2. $11.600
3. $11.680
Price Action Prediction:
– Entry Point: Near $11.315
– Price Targets:
– Target 1: $11.450
– Target 2: $11.520
– Target 3: $11.600
– Stop-Loss: Near $11.250
Open full analysis on WaveFinder →
AQST (Aquestive Therapeutics)
Support Levels:
1. $3.08
2. $3.06
3. $3.02
Resistance Levels:
1. $3.21
2. $3.24
3. $3.30
Price Action Prediction:
– Entry Point: Near $3.08
– Price Targets:
– Target 1: $3.16
– Target 2: $3.21
– Target 3: $3.24
– Stop-Loss: Near $3.06
Open full analysis on WaveFinder →
These forecasts are based on the analysis of price action, volume trends, and support/resistance levels. Use these recommendations to inform your trades, considering current market conditions and individual risk tolerance.