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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Since the start of the year, Innovation Pharmaceut

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Post# of 72446
(Total Views: 474)
Posted On: 07/22/2019 1:07:56 PM
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Posted By: 4kids
Re: 4kids #58458
Quote:
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.



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



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