This remains one of my largest holdings, and one that I have been sharing since the bottom. I have traded around my core position.
As you can see, after months of consolidating, INJ has broken out for a new all time high. This means that it is once again in a blue sky breakout. It may not come back for a retest, but conservative traders like to buy the previous highs as support in a situation like this. This is the area from around $44 to around $46.50.
As you can see, after months of consolidating, INJ has broken out for a new all time high. This means that it is once again in a blue sky breakout. It may not come back for a retest, but conservative traders like to buy the previous highs as support in a situation like this. This is the area from around $44 to around $46.50.
scott.melker@texaswestcapital.com