Traders,
One more short on the day. This one is easy. You can see INJ is under the 200 day ma which is acting as resistance. It’s never been above it. So, we can expect that it will not push straight through. I’m shorting this one down to the 50 day.
Position = INJ Short
Entry = 2.073
Stop Loss = 2.17
Final Target = 1.77
Risk/Reward = 2.65/1
Leverage = 5x
Profit Potential = 75%+
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