Innovation Pharmaceuticals Inc (IPIX)

[I Need Help]

vip1999, your point,"One more - We hit a LOT of scan yesterday. Tomorrow could be the BIG ONE!", is a very good one. On most days, CTIX would not be coming up on any of the scans I regularly use. But today CTIX would be coming up on delta volume and price appreciation. Many traders/investors look for stocks with large increases in volume in conjunction with, say, a 5% or greater increase in price. So, today's trade is one additional reason more eyes will be on CTIX tonight, with potential to bring in trade dollars tomorrow.

Looking at the chart, there are just a few more resistance areas coming up. But, I would think these areas are pretty weak, as at this price area, CTIX has not affected many shareholders in the past. Maybe, a few with not many shares affected. So, we are getting into "Blue Sky" territory. Big moves can take place in Big Sky country.

The main sellers will be the Company, Aspire, and profit takers. No more motivated sellers who bought shares in the past, just as the tide went out on them. This group is generally a large part of resistance, no more.

What we have to look forward to: Higher volume will now be able to more efficiently take care of organic supply; thus, leaving more force to the upside.

Volume will be like a high tide, lifting all ships: