Today ANIX was up more than 15% on heavy volume, and the price action really stood out to me. What I liked most about today’s move was how it completely caught traders off guard. Yesterday we saw a weak close, with the stock finishing right on its low. Under normal circumstances, that kind of finish discourages longs and gives shorts confidence heading into the next session. Instead, ANIX opened with a gap higher this morning, creating a classic trap for anyone leaning the wrong way. That sudden shift forces weak shorts to cover, which adds fuel to the upside momentum.
When I step back and look at the weekly chart shown on the right side of my screen, I notice something even more important. We’re now pushing toward the early October high, a level that traded with extremely heavy volume. Whenever a stock approaches a major volume node like that, especially after a strong move on big daily volume, it tells me that large money may be stepping back in. That’s the type of activity I always want to pay attention to.
My approach is simple: I try to follow the money. I’m not trying to predict anything or outsmart the market. Instead, I look for signs of accumulation, traps, and confirming volume. Today’s action in ANIX checks all those boxes. If the stock can build on today’s strength, I’ll be watching closely for a clean breakout over the $5 level in the days ahead. That’s the spot where momentum traders may really start to press their positions.
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