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$INJ’s movement has been quite interesting. Earlier, everyone was focusing on whether the rebound could continue, but I was more concerned about the failed attempts near the highs. Each time the price approached a key level, it was pushed back. This is no longer simple consolidation; the structure has clearly changed.
I entered my short position at 4.849 as a reference. It wasn’t easy at the start, and the mid-trend retracements gave quite a bit of interference. What truly kept me holding was that the retracement strength kept weakening while key levels were constantly being refreshed, indicating that active selling pressure was advancing, not just a normal pullback.
Now the market has reached 4.619, with a profit of +226.43%. The price movement in this leg has been relatively complete. Those with heavy positions should not let greed spiral out of control. Handle it in batches at 80/20 first, keeping a small portion with a protective stop for observation. If it continues to extend, let the profits run. If the retracement is too aggressive, don’t hold on stubbornly.
The worst thing in trading is being right on the direction but losing in execution. Those who haven’t entered should not chase—no chasing longs, no chasing shorts. Wait for the next setup with a comfortable entry point and clear signals before making a move.
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