dRends35

TNXP - Rip To The Downside Coming Up 💀

Short
dRends35 Updated   
NASDAQ:TNXP   Tonix Pharmaceuticals Holding Corp.
Look at the circles - price nestles on support then falls through.

This was over as soon as price broke through the 200DMA btw.

Dont say I didn't warn you.

But this is not advice - just my thoughts with a chart.
Comment:
Break to the downside as i suggested. It might make a finger top grab back to the cliff top, or perhaps even more who knows, but this name is heading down then down down some more.
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Finger tip grab printed.
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Buh-bye! 🐻🐻🐻
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Getting smashed.
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Some people like inverted charts so here's one - You can see price breakout from the trendlines to then break out from ATH resistance, re-test as support, fakeout wick to the downside, then breakout to the upside.

Buying or holding in this area is "a hope and a prayer" trading.

Comment:
Any question?


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