Innovation Pharmaceuticals Inc (IPIX)

[LilyGDog]

Question: does your interpretation vary depending whether it is on the big board or OTC?

Thanks Tom.

Go Leo & IPIX

If the good news cake is baked ...
and ready to run, we might see a surge right to 95 and 1.05 area and then weathering the pullback, maybe at 85 area,to solidify support zone in the 80's, then take off from there. could set the stage for a bigger rally to start looking at those targets around the 200ma. 1.50-1.75 etc. maybe even 2 dollars .
chart view

this has been the target picture for many weeks ,while it waited around 65/70 cents.
a more complete Fib target picture here
a surge to 1.06 has a 50% fib retrace target back at 86, and the 50 ma should act as a support line when the time comes. any real bounce happening now, upon real good news, should start reality moving forward now.
Fibonacci targets around 1.70/1.80/2.00


....at the same time, today's rally bounce, looks like it got Capped for the final 1 hour 40 minutes. so its still being kept under some 'control', maybe?

76 cap