Phio Pharmaceuticals Corp (PHIO)

[123tom]

website and financial statement press release.....

lots of talk about net loss , this and net loss that....I'm not a fundamental analyst so it makes little sense to me except it sounds like they can run out of cash next year and dilute again.

The chart analysis I do understand....and RXII doesnt look like it wants to go up too quick.... and there is big resistance above 2 dollars.....2.20 area is a target and 2.50 would be a gift at this point.
on the downside, IF 2 dollars remains big resistance here, There could be very possible plunge down to retest 1.60 again ,in a jiffy.
AND.....you are not allowed to set stop loss on this equity.

http://www.rxipharma.com/