Lots going on with INJ.
You have a Pennant that is about to make a deciscion .
a. if it breaks out on its own it could get to the $60.00 range. based on the break out area and the flag pole length.
b. if it breaks down and under the 200 sma you will have a very ugly bart simpson pattern. that could be a 40% drop down below the 0.618 fib to previous support and break out.
So i think the best scenario would be INJ makes contact with the 200 sma and respects it.. pushes up some goes side ways for a few days and then breaks out before BTC moves down. * i believe BTC is due for a correction of about 9 to 14%.
if my BTC projections are off then INJ has a really good chance to move up to the $60.00 range.
Good luck and play with protection.
You have a Pennant that is about to make a deciscion .
a. if it breaks out on its own it could get to the $60.00 range. based on the break out area and the flag pole length.
b. if it breaks down and under the 200 sma you will have a very ugly bart simpson pattern. that could be a 40% drop down below the 0.618 fib to previous support and break out.
So i think the best scenario would be INJ makes contact with the 200 sma and respects it.. pushes up some goes side ways for a few days and then breaks out before BTC moves down. * i believe BTC is due for a correction of about 9 to 14%.
if my BTC projections are off then INJ has a really good chance to move up to the $60.00 range.
Good luck and play with protection.
Nota
INJ is staying with in the pennant currently. I am watching for the 200 SMA to make contact and react. INJ has done nice pushes off and up of the 200 SMA. This is a very positive outlook if BTC stays on the consolidation before making a move.
Good luck and stay patient.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.