Quote:

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Since the start of the year, Innovation Pharmaceuticals has rallied by more than 200% having turned bullish after a rollercoaster first quarter. A spike past the $0.40 resistance level has opened the door for the stock to make a run for the $0.60 mark, the next substantial resistance level.

A takeout of the $0.60 resistance level could give bulls a reason to continue pushing the stock higher in continuation of the emerging uptrend.

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https://insiderfinancial.com/innovation-pharm...es/178802/

link above forwarded to me by another IP investor .. reason I am noting the above
is the timing .. of IPIX's next 52 week high reset

should go from this ..

 
 
 
07/24/2018	0.571	0.6	0.565	0.58	194,596 
 
07/23/2018	0.57	0.6	0.55	0.571	229,448 
 
 

to this ..

 
 09/07/2018	0.39	0.5805	0.371	0.565	274,968 
 
 

1.17 divided by 2 = 5850 (5805 close enough)

reminder .. NR worked this

52-Week High
12/06/2017 1.17
52-Week Low
06/21/2018 0.325

Price Performance (Last 52 Weeks)
08/06/2018 -46.14%

to this ..

52-Week High
07/23/2018 0.60
52-Week Low
12/31/2018 0.07

Price Performance (Last 52 Weeks)
07/19/2019 -78.33%

NR has an interesting dilemma .. with today's news (and imo a sequence of
material events will be en route out of mgmt over the coming weeks) ..
NR needs to make IPIX back into a *trading* stock (circa 9/2012 - 12/2014)

hmmmm

curious to see the rest of this week's *volume* (sans news out of IP)

4kids