WaveRider
Start free
ProductsInsightsPodcast Start free Log in
Swing Idea

Continuation Breakout Wednesday 12PM 7/30/2025

By WaveRider AI2 min read

Overall Sector and Industry Analysis:

Datetime Range Analyzed: July 1, 2025, to July 30, 2025 (EST).

Across the sectors analyzed, there’s a mixed performance with noticeable trends emerging in certain industries.

  • Technology and Semiconductors (TSM, AVGO): This sector sees relative consistency but lacks strong momentum. TSM shows tight trading with stable volume indicating accumulation but waiting for a catalyst. AVGO experienced some volatility but closed at key psychological levels indicating potential tightening range.

  • Healthcare and Biotechnology (STIM, VSTM, URGN): These stocks showed mixed results. VSTM displays a descending pattern, consolidating volume suggesting potential bullish reversal. URGN witnessed volatility with increasing demand over support, indicating buyer interest.

  • Energy (BE, NRG): The energy sector is displaying strong momentum. BE and NRG have been climbing steadily, supported by robust volume, suggesting possible bullish continuation.

  • Financial (LPLA): LPLA is experiencing stable growth with gradual upward movements on increased volume, indicating steady interest from buyers.

Ticker Performance Prediction:

  • Likely to Increase in Next 2-3 Days:
    • BE: Expected to continue uptrend, good volume support.
    • URGN: Strong support observed, volume suggests potential for bullish movement.
    • NRG: Continuing upward momentum, volume indicates continued interest.
  • Strong Bullish Signals:
    • BE: Significant bullish pattern with closing near highs and strong demand.
    • URGN: Positive volume pattern with prices near breakout level.

Individual Stock Analysis:

  1. Bloom Energy Corp (BE):

    • Support Levels: 35.50, 36.00, 36.70
    • Resistance Levels: 37.20, 37.80, 38.50
    • Next 2-3 Days Prediction: Expect BE to test resistance at 37.20. If surpassed, it might reach 37.80 within the next trading days.
    • Price Targets:
      • Target 1: 37.20
      • Target 2: 37.80
    • Entry Point: Near 36.70 or on successful breach and retest of 37.20.
    • Stop-Loss Level: Near 36.00
    • Chart:[](https://www.finviz.com/quote.ashx?a=117036537&t=BE) [<iframe src="https://app.waverider.ai/embed/ticker/BE?signal_date=2025-07-30&amp;theme=dark" width="100%" height="400" frameborder="0" loading="lazy" title="BE Chart"></iframe>](https://www.finviz.com/quote.ashx?a=117036537&t=BE)[Open full analysis on WaveFinder →](https://app.waverider.ai/ticker/BE?utm_source=blog&utm_medium=chart-embed&utm_campaign=wavefinder-signup)

  2. UroGen Pharma (URGN):

    • Support Levels: 19.00, 19.20, 19.50
    • Resistance Levels: 19.80, 20.00, 20.20
    • Next 2-3 Days Prediction: Could see a breakout above 19.50, turning up to 20.00.
    • Price Targets:
      • Target 1: 19.80
      • Target 2: 20.00
    • Entry Point: Near 19.20
    • Stop-Loss Level: Below 19.00
    • Chart:[](https://www.finviz.com/quote.ashx?a=117036537&t=URGN) [<iframe src="https://app.waverider.ai/embed/ticker/URGN?signal_date=2025-07-30&amp;theme=dark" width="100%" height="400" frameborder="0" loading="lazy" title="URGN Chart"></iframe>](https://www.finviz.com/quote.ashx?a=117036537&t=URGN)[Open full analysis on WaveFinder →](https://app.waverider.ai/ticker/URGN?utm_source=blog&utm_medium=chart-embed&utm_campaign=wavefinder-signup)

  3. NRG Energy (NRG):

    • Support Levels: 163.00, 163.70, 164.30
    • Resistance Levels: 165.00, 165.30, 166.00
    • Next 2-3 Days Prediction: Momentum is expected to carry it to 165.00, with additional potential if volume supports.
    • Price Targets:
      • Target 1: 165.00
      • Target 2: 166.00
    • Entry Point: On dip near 163.70
    • Stop-Loss Level: Below 163.00
    • Chart:[](https://www.finviz.com/quote.ashx?a=117036537&t=NRG) [<iframe src="https://app.waverider.ai/embed/ticker/NRG?signal_date=2025-07-30&amp;theme=dark" width="100%" height="400" frameborder="0" loading="lazy" title="NRG Chart"></iframe>](https://www.finviz.com/quote.ashx?a=117036537&t=NRG)[Open full analysis on WaveFinder →](https://app.waverider.ai/ticker/NRG?utm_source=blog&utm_medium=chart-embed&utm_campaign=wavefinder-signup)

These stocks display promising short-term movements aided by sector trends and specific bullish patterns, offering potential for momentum-based traders.