**ANGX** Angel Studios stock, good dip buying, watch for a range breakout.
Breakout trade
* WATCH for possible breakout above 4.72
* Target: 6.31, 44.5% Stop: 3.77 Loss: 13.7%
* P/L ratio: 3.2 : 1 - Excellent
BULLISH
* \[Positioning\] Intermediate trend bullish, Uptrend.
* \[Timing\] Mild bullish 3 day candlestick pattern with Extreme 3 day accumulation.
* \[Timing\] breakout watch above 4.72, no resistance in area just above.
BEARISH
* None
[ANGX Angel Studios stock chart](https://preview.redd.it/vjg2m2jxaujh1.png?width=1200&format=png&auto=webp&s=6a9de50bd8ad3bea69aa8f5b5d2a27c2838782cd)