Innovation Pharmaceuticals Inc (IPIX)

[sherman106]

Lemon........ Good Question..........

"But whatever you're seeing seems to span a period with multiple game changing fundamental events. How is a single pattern over that period of time over so many fundamental changes of any use?........

This IPIX chart reflects the trading and the confidence of Investors over a Two Year period. This is a TECHNICAL PATTERN that looks Bullish, over and above the Fundamental changes you so assert. The Pattern, as you describe, is a developing Reverse Triple Bottom..... It could change tomorrow on some unknown Rogue news, but there seems to be a strong belief in the Trading Market that what the Reverse Triple Head and Shoulders reflects, the Downside is washed out........ This overall Pattern is like a Roadmap that gives indication that the Market is pointing to a Bullish Move........... Good Investing.........