Yesterdays bounce with gap is almost certainly a short covering rally at phi relation taken from 3 significant pivots. It essentially provides buyers with a short window to get out with a small amount of grace. Most likely service will be resumed to the downside and that gap will fill. That said I'm not a financial advisor and your trades have nothing to do with me.
Look at TNXP on the 3D chart and you'll see it barely even recorded this recent upthrust such was the following selling pressure. It just goes down and down and down some more. Down another 11% today. This is a nightmare chart. Not advice.
I like how price is shaping up (higher high and higher lows). The oscillators I like are all finally headed in the right direction (green MACD histogram and line about to cross above 0 is good to see). RSI is above 50, which is another good sign. It's early days, but TNXP may have found the bottom (?). Oh, and there was a lot of institutional buying in December...
TNXP completed a daily gap fill today after gaining significant levels this week. Should bounce from this retest.
Log chart. Time will tell, but this could be the start of a breakout. I've been here before, so I'm cautiously optimistic. The oscillators don't look as promising on a 1M chart, and that's worth keeping in mind, imo. Have fun and be safe.
A 10 year falling wedge about to break-out, NDX extension about to be approved, multiple products in the pipe-line, how high can this go... in the short-term, still believe in my $1.50 mid-term target and $4 long-term target.
As you can see we are still in the falling wedge pattern that I showed here a few weeks ago, nothing has changed.
I told you so TNXP has always been a terrible chart. Not advice.
@BitFink got me interested in TNXP, wasn`t able to see it at the time Fink already did, but it`s getting more clear every day on all the time frames, a reversal is forming, an upside breakout can happen at any time now, this stock has the potential to reach $1.50 in a short amount of time and $4 within this year. I stacked 24.000 shares at an average of 0.29 and...
First post on TradingView. I have been watching TNXP for about two months now, amazing pipeline, disappointing history, confusing CEO, and way undervalued. This is my take on the upcoming several months; it could go up a lot sooner, but this is the general trend that you'll see as we move. $4/share by EOY is a conservative estimate, but do your own DD.
Good morning everyone. If you bought TNXP don't panic about what is happening now, if you see the chart this is a 10-year falling wedge that can break at any moment. Now we are in free fall let's say and that's why is better not to sell bc reversal is coming. The parabolic day is coming but we don't know when. Now save some money and wait for $0.15 or even...
TNXP fib levels as shown. Accumulating shares at this level and may see a possible last draw down to $0.18 if TNXP cannot hold the 1.618 fib retracement support level. If it holds, expect to fill the gap at $0.96 sometime this year. Penny shares are fun, but be cautious. I think any draw down from here should be a signal to keep buying. Best of luck and thanks to...
TNXP has settled on it's 1.618 fib retracement and has found solid support at this price. I am long TNXP as I believe it will jump back up to it's first resistance at 0.81 in the coming months. Not financial advice
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.
Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) This penny stock deserves your attention going forward. The stock is forming an inverted head and shoulders pattern. If the stock can break Friday’s high of 44c, we should see a strong follow through move. TNXP will move very quickly, so keep a very close eye on the stock.
Just a quickie. Don't let me wriggle you out of the jackpot of a lifetime these are just my thoughts. Same goes for any chart that only goes down, until it goes up. Not advice.
Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart: 1. Price levels are working well. 2. Globally range, locally downtrend 3. there was no confirmation of the level before 2 days ago, you can see nicely on the m5 chart the players see the price level. 4. Distant test of the level 5. approached with bars a little bigger than usual, but no...
TNXP breaking down from what appears to be a bear flag. It tested but failed to find any support above the 20Mma. Playing out as I said it would in my previous thread. Next fibonacci step down is the 0.618 at $0.029. Seems quite extreme but I just do the weather and thats the forecast. Not advice.