$INJ is sitting at the top of its range right now and I am passing
Volume is 0.4x the 7 day average so this move lacks real participation
That 1h RSI at 71 tells me momentum is simply stretched
It could keep running without you and a bad entry costs more than a missed move
I need an hourly close and hold above $8.0450 or a pullback that holds $7.5040 and bounces before I touch $INJ
Chasing $INJ here or waiting for $7.5040
#INJ #RiskManagement
Volume is 0.4x the 7 day average so this move lacks real participation
That 1h RSI at 71 tells me momentum is simply stretched
It could keep running without you and a bad entry costs more than a missed move
I need an hourly close and hold above $8.0450 or a pullback that holds $7.5040 and bounces before I touch $INJ
Chasing $INJ here or waiting for $7.5040
#INJ #RiskManagement