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Friday, July 17, 2015 12:03:31 AM
For those of you interested in TA, I thought I would take some time to post my findings, considering the potential for this stock to gap up in next coming days. With the public offering closing on 7/17/2015 combined with the fact that PPS is steadily climbing from offer price, this stock is on radar of many short term and long term investors alike.
a) On 30 min/1 hour chart, we are starting to witness trend change (supporting Bulls). Many indicators confirm this change today.
b) The daily chart is showing bearish symptoms, but considering the offering made by TNXP, this statement shouldn’t come as surprise. Bullish shorter time frame chart ( like 30 min/1 hr ) is expected to reverse some of the indicators on daily chart ( to bullish ) in next few days.
c) Looking at RSI levels ,some may consider the stock to be overbought in shorter time frames and therefore expect pull back to happen. Considering the daily chart to be close to oversold levels, this stock can gap up faster to higher pps if it wants, and consolidate later. RSI indicator for this stock would be of little importance, given this stock's past performance.(RSI had gone down to '2' on 10/16/14, '93' on 1/13/14. Also noting bigger time periods where RSI stayed below 25 or above 80 ).
d) 7.8ish area would act as our strong support area.
e) 8.2 – 8.5 have tons of resistances, MA50 lines, Fib lines etc. 8.8ish and 9.3ish form the next resistance zones.
f) The big fluctuation on prices should be expected for this stock, and should be considered normal.
g) With that said, the most important observation that cannot be ignored is that the chart matches the fundamental aspects of this stock, and appears to be bullish short or long term.
![](http://i.imgur.com/glkGCwd.png)
![](http://i.imgur.com/UZK2cBA.png)
I can be completely wrong here.
Always have a plan, trade smart, and good luck.
Recent TNXP News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 11:05:24 AM
- Tonix Pharmaceuticals Announces Appointment of Thomas Englese as Executive Vice President of Commercial Operations • GlobeNewswire Inc. • 09/10/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/09/2024 11:07:15 AM
- Tonix Pharmaceuticals Presented Data on the Potential Mpox Vaccine TNX-801 in “Using Synthetic Biology to Battle Mpox” Talk at Immunology Symposium at the University of Alberta • GlobeNewswire Inc. • 09/09/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 09:17:58 PM
- Tonix Pharmaceuticals Launches National Awareness Campaign on the Impact of Gastroparesis or Stomach Paralysis on the Absorption of Oral Migraine Medications at PAINWeek • GlobeNewswire Inc. • 09/06/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 09:08:17 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/30/2024 09:04:45 PM
- Tonix Pharmaceuticals Presented Data from Two Posters on TNX-102 SL for Reduction of Acute Stress Reaction and Prevention of PTSD and One Poster for Wound Healing at the 2024 Military Health System Research Symposium (MHSRS) • GlobeNewswire Inc. • 08/29/2024 11:00:00 AM
- Tonix Pharmaceuticals Presented Data and Analyses of TNX-102 SL Treatment Effects on Fibromyalgia at the 2024 Military Health System Research Symposium (MHSRS) • GlobeNewswire Inc. • 08/28/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 11:05:17 AM
- Tonix Pharmaceuticals and Bilthoven Biologicals to Collaborate on Advancing Development of Tonix’s Mpox Vaccine, TNX-801 • GlobeNewswire Inc. • 08/26/2024 11:00:00 AM
- Tonix Pharmaceuticals Announces Oral Presentation and Three Poster Presentations at the 2024 Military Health System Research Symposium (MHSRS) • GlobeNewswire Inc. • 08/21/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 11:05:23 AM
- Tonix Pharmaceuticals Announces First Patient Enrolled in Phase 2 CATALYST Study of TNX-1300 for the Treatment of Cocaine Intoxication • GlobeNewswire Inc. • 08/20/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 10:05:58 AM
- Tonix Pharmaceuticals Reports Second Quarter 2024 Financial Results and Operational Highlights • GlobeNewswire Inc. • 08/19/2024 10:00:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/16/2024 09:18:38 PM
- Tonix Pharmaceuticals Provides Update on the Development of Its Single Dose Live Attenuated Virus Vaccine Candidate for Mpox, TNX-801, as WHO Declares Mpox Outbreak a Global Health Emergency • GlobeNewswire Inc. • 08/16/2024 11:00:00 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2024 10:03:25 AM
- Tonix Pharmaceuticals to Present at the Summer 2024 Virtual Investor Summit • GlobeNewswire Inc. • 08/13/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 12:18:07 PM
- Tonix Pharmaceuticals Presented Data and Analyses of TNX-102 SL Treatment Effects on Fibromyalgia, the Prototypic Nociplastic Pain Syndrome, at the IASP 2024 World Congress on Pain • GlobeNewswire Inc. • 08/12/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 09:22:42 PM
- Tonix Pharmaceuticals Announces Publication in Microorganisms of Technology that Expands Company’s Capabilities in Generating Potential Therapeutic Fully Human Antibodies Against SARS-CoV-2 and Other Pathogens • GlobeNewswire Inc. • 08/06/2024 12:00:00 PM
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
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