Axon Enterprise Shares Jump Over 12% After Key Trading Signal

Core Insights - Axon Enterprise Inc (NASDAQ:AXON) triggered a significant Power Inflow alert, indicating strong bullish sentiment among traders, particularly in institutional and retail order flow data [2][3]. Group 1: Power Inflow Signal - The Power Inflow signal was triggered at a price of $584.93 on November 5 at 10:28 AM EST, following a slight pullback in stock price earlier in the day [3]. - After the Power Inflow signal, AXON's stock price surged to an intraday high of $656.67, representing a 12.26% increase [6]. - The Power Inflow alert is a proprietary signal from TradePulse, highlighting significant shifts in order flow that suggest a high probability of bullish price movement for the remainder of the trading day [4]. Group 2: Order Flow Analytics - Order flow analytics provide insights into real-time buying and selling trends by examining volume, timing, and order size across both retail and institutional traders, enhancing understanding of price behavior and market sentiment [5]. - The Power Inflow signal serves as a strategic entry point for active traders, particularly during periods of stagnant or weakening stock prices, allowing for potential significant intraday gains [6].