ANJT - POWER PLAY

20
Position Update: May 6, 2025

Key factors:
1. Low-risk entry point.
2. It has a very tight correction area.
3. A strong sign of continuation of upward momentum.
4. Corrects below 4% during this pause, indicating big institutions' reluctance to sell their positions.
5. High relative strength, outperforming the general market.
5. The stock is moving on its own universe and marching to its own drummer.
6. Volume diminishes during the correction, indicating less supply coming to the market.
7. The general market is in the early stages of a bull campaign.
8. Huge volume on the breakout

Consideration: Not many traction in the market so far.

This is a classic Power Play setup, featuring two viable entry points. My initial position was taken on April 14 from the low cheat and added big on a very clear pivot point today. I’m looking forward to seeing further constructive price action moving forward.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.