Innovation Pharmaceuticals Inc (IPIX): Citrati's weekly chart shows how wha...

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Innovation Pharmaceuticals Inc (IPIX)

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Re: snayeman post# 323106

Sunday, 09/13/2020 11:49:02 AM

Sunday, September 13, 2020 11:49:02 AM

Citrati's weekly chart shows how what was once major resistance is now support. We should be bouncing soon off the trendline, hopefully.

Bollinger Bands are a measure of volatility. The bands widen when SP makes a big move and tighten when volatility is low. Right now they are as tight as i've seen indicating a big move and return to volatility is overdue.

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