Replies to post #155791 on Innovation Pharmaceuticals Inc (IPIX)

[TheDane]

:-D ;-)

[Citrati]

Leaving religion out of it, ;-)
here is what indicators reflect.
http://www.stockcharts.com/h-sc/ui?s=CTIX&p=D&yr=0&mn=2&dy=0&id=p87035756471
Little hard to tell, lol, what cmf and a/d are showing.
Over 3 weeks now stuck between S-1 and S-2. In addition it hasn't found the ability to sustain price above the 10ema. 50 day creates the ceiling for now.
Given the divergence to price action money flow does support a thesis that share price is being held down.
http://www.stockcharts.com/h-sc/ui?s=CTIX&p=D&yr=0&mn=2&dy=0&id=p45498586150
These indicators just reflecting the sideways tide motion.
News trumps charts......no not a donald reference either. ;-)
CTIX