INJ: Short-Term Bullish Momentum Targeting $17.59 (~23% Upside)
I see INJ building bullish momentum after a recent 6.34% pullback from $14.34. Technical indicators suggest a likely move toward $17.59 within the next week if momentum holds.
That target implies roughly a 23% upside, but price remains volatile and subject to short-term retracements. I'll watch volume, RSI and moving-average confirmation for follow-through.
I would size positions conservatively and use a clear stop below the recent swing low to manage risk.
Analysis
Recommendation
Consider a buy with disciplined position sizing or buy on weakness; set a stop below the recent low and watch for confirmation from volume and RSI before adding.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.