Innovation Pharmaceuticals Inc (IPIX)

[TOB]

No worries. The volume is not exceptional and yet trades are printing above 3.00.

That resistance line is losing power. Obviously there is no huge seller at 3.00 exactly or we wouldn't see these higher trades.

Because someone, SOMEONE is determined to keep this stock under the magic $3 threshold for however long they can! -Spebenz

Nobody conspires to hold a certain price level.

3.00 is a resistance level, stronger because it's a round number. Once the profit takers are exhausted, if the buying pressure continues we will see 3.00 morph into support.