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Innovation Pharmaceuticals IPIX
Posted On: 02/03/2013 5:14:11 PM
Post# of 72446
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Posted By: TOB
Re: GratefulLife #7334

sure, I hope CTIX price doesn't soften much more, but I ain't sellin til Pfizer bats this one out of the park, my fondest wish for Cellceutix


If there is more short-term softness, we have nice support at $1.65 as the 50 MA has come up to that level. And bellow that Key Support at $1.50.


I'd of course prefer support at $1.89 now morphing into resistance to firm back up as support and see a test of the last swing high. But who knows? It all depends on whether the buyers or the sellers dominate. I enjoy watching though.


If you're a buy and hold CTIX investor you have a longer time frame and less need to sweat any minor weakness, or any minor rally. Both just noise if they are not an action point in your plan.


But for those who may have bought it a bit higher, it can be nerve wracking to see any dip.















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