Innovation Pharmaceuticals Inc (IPIX)

[ridinbulls]

Here's one that never retreated back to lows....http://stockcharts.com/h-sc/ui

And another....http://stockcharts.com/h-sc/ui

It all depends on so many factors but you can't say that all biotechs retreat to and give all their gains back. If you are good at reading charts it can certainly help in finding the bottoms and tops but a chart is only part of the equation. A lot has to do with the FUNDAMENTALS of the company. I believe that once things start rolling with CTIX the interest and company design will keep a steady uptrend(given positive trial results)with some dips along the way but never going back to where it all started right here at $2. Although for some lucky people it started a lot lower than that...wish I could say that! I look at many different companies and cannot name many( actually any) biotech in phase I testing that is sporting a market cap like CTIX. Shows me that a lot of people feel my confidence regarding the future of CTIX.

GLTU