Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

Your hindsight explanations are quite valuable in giving meaning to action as well as additional input for possible short term direction.

Earlier I wanted to call 3.50 as the next psych target for the next wave, but ran into several posts that had already planted a flag at 3.25 as a magic number. However, if past performance models the future, one can look at 3rd quarter 2012 to find insight into possible meaning of the current waves. Since so many of the same traders have returned and are engage with many of the same strategies of 2 years ago, looks like the next wave will be much larger than another 26 cent increase in all time high, but something less than $4.

A nice wide target until we are in the moment of the actual dynamic market actions and influences affecting change.