Replies to post #3226 on Innovation Pharmaceuticals Inc (IPIX)

[govorchin]

boodog, please explain cup and handle to this novice.

[keltoi]

Thanks for posting that.Sometimes we get wrapped up in 10 day , 30 day charts and 50 day moving averages that we don't see the "forest through the trees" and this long term pattern winds up "hiding" in plain sight.

Kelt

[noretreat]

We are in a very good position indeed. Anything could happen, but I am very bullish.

Glad I bought all those additional shares a few months back.

[Vlady 1]

So, If I understand your message, following the tea cup pattern. Once we break through .77 ( being the resistance point). The next stop is $1.09 .. Or there about? That being the difference between bottom
Support and the break out point ..have you witnessed this kind of patterns to actualize in the past ?