Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

Bunny… Different charts show differing things… For example:

5 year 7 month weekly chart shows a clear overall uptrend which makes sense considering the progression of the science. Nothing is straight line and we are currently experiencing normal up and down on low volume within a higher trading range from three months ago. See next chart.




6 month weekly shows it up from the start of 2016 after being down due to three hit pieces in 2015 along with being sued based on one of them. The lawsuit has been dismissed, and, we’re finally far enough along with trials to see the company entertain a partnership. The past month shows lower highs, but, 1.35 seems to have held and we should start moving up again.

I don’t like seeing my account in the red, but, I slept in nicely this morning not even concerned about Brexit. I simply hold. ;)








In Reply to 'TheBunny'
Echo, In my view the PPS now needs to test $1.30 and see if that holds. So that's what i'm expecting, a retest of $1.30.

The chart is clearly showing a 'Downward Trending' of late, the upward turnaround has not yet occurred (albeit some believe otherwise).

The plus side is today is a very hard Red Brexit Day, and the PPS is holding rather well.
Good Luck !

-bunny-