Gray wave B extended modestly higher than initially anticipated, but this did not alter the broader corrective structure, as gray wave C subsequently retraced into a common Fibonacci support zone before reversing higher. If this count is correct, the correction has likely completed and INJ should now be transitioning into a powerful “third of a third” impulsive advance, which would typically be accompanied by accelerating upside momentum and a sizable rally.
*Please note, the wave B gray price was misquoted, the gray wave B high was 6.44 not 6.26.
