Innovation Pharmaceuticals Inc (IPIX)

[sixmilliondollarbios]

RS hasn’t confirmed new low. Momentum looks to be slowing. Prior two candles contain some anomalies. Looks to settle around here, .46 - low .50’s. If you recall, I said a while back .40’s before P data. If you believe in P you could dabble here. I don’t believe data will be good. So we’ll see who’s right. Unfortunately good data likely only moves price to .70’s - low .80’s. And without a partner the drift down starts over again. Poor data and you know what happens. Good luck!