Ann: IHL-42X positive phase 2 clinical trial results, page-207

IMO, the market wants to know when the company will be profitable, today's announcement only solidifies that it is a MAYBE, and even then, a long way off. it was sold down prior to the announcement, which flies in the face of 'buy the rumour'. in this case it was a sell the rumour, sell the news.

my honest opinion though, all i see is a line of resistance at 70 and support at 40. it will test one of these, and if 9ne is broken, this will tell us if the uptrend is still in play, or has ended. for me, the buy signal is a strong close above 70, anything other entry point is gambling / speculation.