$INJ broke above the 9 level, and is now trading at 8.977.
Round-number levels aren't magical, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears can be quite drawn out.
It's now back below 9. This time, it looks more like a test; only a close that holds above 9 would count as a confirmed breakout. Leave your take in the comments, and we'll review it in a few days.
Round-number levels aren't magical, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears can be quite drawn out.
It's now back below 9. This time, it looks more like a test; only a close that holds above 9 would count as a confirmed breakout. Leave your take in the comments, and we'll review it in a few days.