Innovation Pharmaceuticals Inc (IPIX)

[reasondeep]

Theories on shenanigans be damned. Those who claim charts don't matter in low float micro cap stocks, I'd like you to bookmark this chart to look back at as the price begins to climb next week. And if it begins to decline, there's a plan for that too, but as we all know, especially those who know a thing or two about the scientific and clinical aspect of this company, the downside is improbable.

Just to clarify, major Fibonacci zones were not determined by seeing whether or not the lines fit. Ranges based on price action were selected first, and I knew this was the grid the chart was working off of when the selected ranges fell on target.

There is more proof (proof to me of course) that is beyond coincidental that further affirms I will trade off this map. I have not shown those details on the chart but suffice it to say, the distance between two confluence zones exactly equals the size of the gap along with the 50% fib line landing smack in the middle of the gap. Gotta love how nature always gives you a way to neutralize the bs that is spewed about the market ;)