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ItsWilder
Dec 31, 2017 9:57 PM

TENX - Big Gamble Ahead Long

Tenax Therapeutics, Inc.NASDAQ

Description

Tuesday holds a big gamble for TENX. Hopefully the overnight price hike isn't inflated due to the REV STOCK SPLIT just revealed late on 12/29. Either way, Chris Moody's RSI indicator still shows a positive trend line . I'm hoping for a push up to 0.59 on Jan 2, but it's going to be a stressful morning.

Huge thanks to @Avasreader for helping me walk through this analysis.

SEC REV STOCK link: bit.ly/2ltuWKN

Comment

I just realized that this chart was set for 1 Day intervals. If you change the timeframe on the chart to 5min, the RSI indicator isn't so kind and it's a much closer call as to what to do.

Comment

This has to be the worst trade I've ever made.
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