Innovation Pharmaceuticals Inc (IPIX)

[blissedout]

Healthy 33% or so retrace from the recent high of .50. Probably base here for a few days and prepare for the next move to .50 and possibly beyond. Man that's a good chunk of volume today for whoever wanted to get out.

Added more here at .37 for the long ride :) If it dips back to .20's guess I'll pick up a bit more. The 50 day MA is about the cross the 200 so maybe a nice bump up from a technical view. Not foolproof, but I like how the chart looks for another move up in the next week or two.