$INJ ๐ Click here to see Real Chart, bottom tag is not same chart
Short
Sell 8.247
Stop loss 8.868
Target 7.005
INJ pumped 25% from 6.741 in 5 days, and the move started to run out of steam. I have 7.005 marked as the inducement from a 82% retrace. INJ could not hold the break above 8.198. Price is just above it again and the inducement at 7.005 is untouched. The inducement at 7.005 is the target and the stop is 7.53% away at 8.868.
Manage your own risk.
Short
Sell 8.247
Stop loss 8.868
Target 7.005
INJ pumped 25% from 6.741 in 5 days, and the move started to run out of steam. I have 7.005 marked as the inducement from a 82% retrace. INJ could not hold the break above 8.198. Price is just above it again and the inducement at 7.005 is untouched. The inducement at 7.005 is the target and the stop is 7.53% away at 8.868.
Manage your own risk.