Innovation Pharmaceuticals Inc (IPIX)

[123tom]

K, I nominate your post as 'post of the day'

very well said ....

IF CTIX stalls here, and moves sideways for a few days, maybe slides down a little...watch the support zone and whatever battle happens there, around 3.05-3.20 area ,the 3.15 zone. That 'should be' the next key technicalzone for the most important price action .
The current chart pattern looks like its developing a cup and handle look about it....suggests a Rally target around 4 dollars.

Pullback could be a nice and positive one if it holds strong above 3 dollars now.... 3.15 would be perfect.

Its an important time now for CTIX price action.

2.82 bottom is looking like a great bargain for those who bought it. Lets see the pullback zone hold now.
could take a week to play out. (or not...)
its not the time thats important, but the price target.

http://stockcharts.com/c-sc/sc?s=CTIX&p=D&yr=0&mn=3&dy=0&i=p58331219006&r=1415817641983

http://stockcharts.com/c-sc/sc?s=CTIX&p=D&yr=0&mn=3&dy=0&i=p24993366558&r=1415817731778

and one for Citrati...

http://stockcharts.com/c-sc/sc?s=CTIX&p=D&yr=0&mn=2&dy=0&i=p33865453800&r=1415817858415