TONIX PHARMACEUTICALS HOLDING CORP NASDAQ:​TNXP

Looks like a bottom bounce

Might be time to buy the bounce again

watching for breakout on .61

Tech Analysis

Tech Analysis

The gap up out of accumulation seen here is quickly cancelled out by way of significant retracement, I could still this breaking out...but not before another period of accumulation at this new level. Time will tell.

COMPANY IS IN STAGE 2 OF A DRUG FOR PTSD SO i AM LOADING UP ON IT IN THE EVENT THE FDA APPROVES THE DRUG ALSO TO ME THEIR ASSETS EXCEEDS THEIR LIABILITIES MEANING THEY'RE ABLE TO PAY THEIR BILLS

LONG > .50 STOP - .475 TARGET - .62

Long > 0.70 Stop - 0.6899 Target - 0.75

Earnings reported on 8.05 caused a positive movement to 2.73, TNXP had a large down day on 9.02 reaching the pre earnings price level then closing higher to a prior resistance level. If the prior resistance level that was established pre earnings can be broken, with positive momentum the price may return to the earnings positive prices. If not further movement ...

Ticker gaining positive sentiment over the weekend. FDA approval expected in Sept. after previously submitted positive Phase 3 results. Current PPS shows minimum R/R Ratio of 2.71. Will be looking to open half position swing entry at $2.20 and completing fill > $2.90.

Still channeling, news sends it to upside IMO

Expecting a big move through 3 after this consolidation.

Long a few waiting for break to add more