$INJ hits a new 24-hour high: current price 9.411, previous high 9.18.
After the breakout, watch two things:
· Can the previous high of 9.18 turn from resistance into support (holding on a pullback)?
· Was the breakout accompanied by volume? A breakout on declining volume can easily turn into a bull trap.
Leave a comment with your prediction, and we’ll check back later to see who was right.
#INJ
After the breakout, watch two things:
· Can the previous high of 9.18 turn from resistance into support (holding on a pullback)?
· Was the breakout accompanied by volume? A breakout on declining volume can easily turn into a bull trap.
Leave a comment with your prediction, and we’ll check back later to see who was right.
#INJ