Powerful move from a watchlist stock today.
AXGN bounced cleanly off the 20-day moving average on expanding volume while the major indexes were down.
That relative strength matters. When a stock holds support and pushes higher against a weak market, it’s a sign institutions are still accumulating.
The best leaders rarely give deep pullbacks. They reset just enough to shake out weak hands, then move again.
This is why keeping a tight, prepared watchlist matters. When the market gives you the signal, it’s time to execute.
