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Innovation Pharmaceuticals IPIX
Posted On: 12/04/2012 1:58:24 PM
Post# of 72447
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Posted By: TOB



CTIX busting through Key Resistance at $1.18 on its way to the first target of $1.25 I called yesterday.



Two resistance lines in two days is strong price action. Especially after the two month sideways coiling.



As I noted on the CTIX Monster Monthly chart , these Bull pennant/Coils tend to resolve in the direction of the underlying trend, which for CTIX is UP since January of 2011

















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