Down 16.34% in a day—that’s almost a month’s salary disappearing in a week. This kind of volatility isn’t something everyone can stomach. $INJ is at 6.77, just a hair above the 24-hour low of 6.66.
Put simply: it was still at 8.25 yesterday, and today it’s hovering right near the low. Anyone holding must be getting pretty nervous. It’s not that there are no buyers—the sellers are making their presence felt through volume. The 24-hour trading volume of $27.9M speaks for itself, and that’s a lot tougher to deal with than a slow grind down.
If it were up to me, I’d lean toward sitting tight. But if 6.66 doesn’t hold, any thoughts of a rebound are pointless. If it holds 6.66 and doesn’t make a new low, then I’ll admit the selling pressure has finally eased.
At a level like this, would you step in now, or wait for it to finish falling before making a move?
$INJ
#行情分析 #unusualmove
Put simply: it was still at 8.25 yesterday, and today it’s hovering right near the low. Anyone holding must be getting pretty nervous. It’s not that there are no buyers—the sellers are making their presence felt through volume. The 24-hour trading volume of $27.9M speaks for itself, and that’s a lot tougher to deal with than a slow grind down.
If it were up to me, I’d lean toward sitting tight. But if 6.66 doesn’t hold, any thoughts of a rebound are pointless. If it holds 6.66 and doesn’t make a new low, then I’ll admit the selling pressure has finally eased.
At a level like this, would you step in now, or wait for it to finish falling before making a move?
$INJ
#行情分析 #unusualmove