Universal Ibogaine Inc V.IBO

Alternate Symbol(s): IBOGF

Universal Ibogaine Inc. is a Canada-based life sciences company. The Company is focused on developing a network of addiction treatment clinics and undertake a planned clinical trial for research into the use of ibogaine for addiction treatment. Ibogaine is a naturally-occurring molecule derived from the root bark of the iboga tree and other plants. Ibogaine is a neuroactive compound that appears to reset the brains of drug dependent individuals to a pre-addicted state. Ibogaine has demonstrated effectiveness in treating opioid use disorder and it appears to eliminate the painful symptoms of opioid withdrawal and provides a several month window free of drug cravings. Ibogaine targets multiple receptor sites in the brain when it manages dopamine and serotonin circuits and stimulates new brain cell growth.

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Universal Ibogaine Inc

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Post by yukon_goldon Aug 18, 2022 2:31pm

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Post# 34905393

Universal Ibogaine Inc forms bullish "Short-term KST" chart

Aug 17, 2022

Trading Central has detected a "Short-term KST" chart pattern formed on Universal Ibogaine Inc (IBO:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.04.

The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.