After the great success of IINJ since our last call I wanted to update some price targets. It has had an absolute rip since my first call yielding about 100% gain in about a month.
I can see its success continue, but we need to break over the yellow updated resistance level outlined in this chart. (33.77)
Another Critical component of this trade to pay attention to is the recent fud posted to twitter yesterday.
It claims that collusion among market makers is the only thing keeping the price up. Another particularly alarming fact is the TVL compared to FDV 11m to 3 billion - which is absolutely horrendous.
I personally will take profit on a good portion of my position and let the rest ride at critical points outlined. No point being greedy in this market. Plenty of opportunities await.
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