Tonix Pharmaceuticals LONGTERM FORECAST Weekly chart outlook for the long term. I see some upside in the near future . Lets see how this plays out. Mainly publishing to come back and study the price action.
TNXP trade ideas
Cup and Handle, ready to pop?Seeing cup and handle in the 1h chart.
Many catalyst brewing.
Going to pop soon, imo.
TNXPTNXP : look at JAGX and the TNXP pattern ... something should immediately come to your mind ....... It is a BOWL or a very similar construction that foresees an explosion of values ... if we then add that their CEO he personally purchased another 35,000 pieces for a total of 118655 pieces at an average price of 0.8 .... SOMETHING IS BOILING IN THE POT ..
$ TNXP Lederman Seth
Bought 35,000 shares × $ 0.68 = $ 23,800
Share count: 118,655 shares (+ 41.84%)
TNXP Potential playSolid bottom forming on this little dude with steady volume rising and running up.
Looks like it wants to test $1.00 and $1.70, With some news it could really go.
Strong support at $0.50-0.60 area
There are working with a Covid Vaccine currently which seems a little late to the game but could yield some hype.
Tonix Pharmaceuticals is enrolling participants in a Phase 3 trial for fibromyalgia, the RALLY study
Tonix is a clinical-stage biopharmaceutical company focused on discovering, licensing, acquiring and developing small molecules and biologics to treat and prevent human disease and alleviate suffering. Tonix’s portfolio is primarily composed of central nervous system (CNS) and immunology product candidates. The CNS portfolio includes both small molecules and biologics to treat pain, neurologic, psychiatric and addiction conditions. Tonix’s lead CNS candidate, TNX-102 SL*** (cyclobenzaprine HCl sublingual tablet), is in mid-Phase 3 development for the management of fibromyalgia since positive data on the RELIEF Phase 3 trial were recently reported. The Company expects topline data in the Phase 3 RALLY study in the fourth quarter of 2021. The immunology portfolio includes vaccines to prevent infectious diseases and biologics to address immunosuppression, cancer, and autoimmune diseases. Tonix’s lead vaccine candidate, TNX-1800**, is a live replicating vaccine based on the horsepox viral vector platform to protect against COVID-19, primarily by eliciting a T cell response. Tonix expects efficacy data from animal studies of TNX-1800 in the first quarter of 2021. TNX-801*, live horsepox virus vaccine for percutaneous administration, is in development to protect against smallpox and monkeypox.
Could TNXP see %1000 in the near future????Had a great day today with ONTX up 100% just as planned last night. I cant help but feel this stock is going to make millionaires. The CEO bought a large amount of shares this week and just an hour ago the company announced that it will be presenting at 4 bio med conferences. The company has many promising vaccines and treatments in the pipeline such as covid 19 vaccine and fibromyalgia treatment. If the participation in these conferences has to do with positive results from their projects it could be enough of a catalyst to send the price way up. Technical analysis points to huge gains of most likely %300 but there's a slight chance in the future that it could pass this up to ~$6 and from there fill the gap up to $9. The short term technical is definitely a buy. The company has very good potential
$TNXPHate this stock, but it looks to be breaking out for a huge run up. Starting my position today,
TNXP_genomicsSpeaking of some tight butthole; TNXP looking like a great penny stock to look at in 2021. Momentum on the side of this one and the butthole looks real tight.
TNXP seems like ready to go up!I am looking at the chart and to me, it seems that we've silently broken from the falling triangle and we are ready to move up?
What do you think? Please share your comments below.
TNXP seems like ready to go up!NASDAQ:TNXP
I am looking at the chart, and to me, it seems that we've silently broken from the falling wedge, and we are getting to move up?
Also, some interesting institutional investors bought TNXP in the last month (check the list below and fintel website for more information).
What do you think? Please share your comments below.
File Date_______Investor_________________________________________________Avg Share Price____Shares
6.11.2020______BlackRock Inc.____________________________________________0.42____________1,471,654
13.11.2020_____Geode Capital Management, Llc_____________________________0.72_____________717,71
16.11.2020_____Vanguard Group Inc________________________________________0.73_____________515,459
27.11.2020_____VEXMX - Vanguard Extended Market Index Fund Investor Shares____________________483,801
16.11.2020_____Squarepoint Ops LLC________________________________________________________311,867
16.11.2020_____Bridgeway Capital Management Inc__________________________0.72______________264,500
16.11.2020_____Northern Trust Corp_______________________________________0.73______________250,858
16.10.2020_____FSMAX - Fidelity Extended Market Index Fund___________________________________204,568
23.11.2020_____BRSIX - Ultra-Small Company Market Fund Class N________________________________200,000
13.11.2020_____Charles Schwab Investment Management Inc_____________________________________91,097
16.11.2020_____Millennium Management Llc___________________________________________________80,706
13.11.2020_____Orion Portfolio Solutions, LLC_________________________________________________79,542
16.11.2020_____Citadel Advisors Llc_______________________________________0.73_______________79,192
6.11.2020_____Gsa Capital Partners Llp____________________________________0.73______________79,001
16.10.2020_____FNCMX - Fidelity Nasdaq Composite Index Fund_________________________________66,341
16.10.2020_____FCFMX - Fidelity Series Total Market Index Fund________________________________ 64,901
27.10.2020_____VCSMX - Small Cap Fund_____________________________________________________50,000
12.11.2020_____Jpmorgan Chase & Co_______________________________________________________36,500
29.10.2020_____Cambridge Investment Research Advisors, Inc._________________0.72_____________28,795
13.11.2020_____HighTower Advisors, LLC____________________________________0.73_____________27,335
20.11.2020_____USMIX - Extended Market Index Fund__________________________________________20,711
9.11.2020_____Victory Capital Management Inc______________________________0.77_____________20,711
13.11.2020_____Equitable Holdings, Inc._____________________________________0.72____________20,000
16.11.2020_____Summit Global Investments__________________________________________________20,000
16.11.2020_____Two Sigma Securities, Llc____________________________________________________19,062
12.11.2020_____Sowell Financial Services LLC________________________________0.73_____________15,000
This is not investment advice!
$TNXP is gonna fall todayPupm&Dump trading strategy idea.
$TNXP is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,00;
stop-loss — $1,15;
take-profit — $0,85;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Wait for it. Wait for itPlease notice the price is trending nicely on the BLUE Fibonacci Ratio line. The event I am waiting for is when the closing price crosses the YELLOW Fib Ratio line. I have an alert set up for that event. We will see
****** For the Lazy People ******
The above is an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
TNXPwe are still on solid bottom, my previous wedge hit TP1 and TP2 and still valid as we have today red. I still hold shares and still expect up. Our important place is 1.10, if this break, then next target will be 1.30 what is top of possible green wedge. Then will see if break or retest bottom again. But overal if this TA will work, we will go up to 2.45-3$ and longterm 5$
TNXP update after triangle break down. Disclaimer
Please don't take this as a financial advice, remember I'm not a professional analytic, this whole idea is based on my knowledge, interpretation and opinion. This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell. Remember there is always a risk of losing money when you trade or invest in any stock, you must decide at your own risk.
Obviously, the chart pattern broke down that Triangle and the Stock price Fell to almost previous Sock Price at $1.11. Candles are trading below the EMA 15 and below of the two MA (50 and 200) which means a down trend for the moment. In this 30 min chart we can see the last 2 candles are green and the last one is kissing the EMA 15. It’s still no confirmation of reversal yet but as soon the candles start trading above that EMA 15 with at least 2% of space between the EMA and candles we can confirm an uptrend. In the Fibonacci we can see that $1.11 worked as a support and next resistance could be $1.21, $ 1.27, $1.32 in a short term. I will consider that $1.04 a strong support in case that $1.11 fails. Parabolic Sar still above of the candles what means, as soon a candle touch the last ball in the top it will start moving up.
TNXP Triangle getting to the end I se a triangle getting to the end, something will change in the next couple of days.
TNXP 30 Min Chart short term Observation and Opinion and InfoDisclaimer
Please don't take this as a financial advice, remember I'm not a professional analytic,
this whole idea is based on my knowledge, interpretation and opinion. This is only my Idea,
don't buy or sell because of my idea. Do your own research in the company before deciding
either buy or sell. Remember there is always a risk of losing money when you trade or invest
in any stock, you must decide at your own risk.
Observation & Opinion
Looking at the strong move in extended hours from July 30th 2020 After Hours to July 31th 2020
Pre Marker I think most of those sells were profit takers because previous dip was at $1.04 and
the SP reached $1.68, so it’s obviously that a lot of people will secure profit over there
(At least that is my opinion). Now looking at the Parabolic SAR indicator we can see it was
above the chart during the whole day until the After hours, that means for me that something
is changing in the pattern. The Bollinger Bands are getting the Upper and Lower Band Closer,
which means the direction of trend can change now again. The MACD is curling again in the bottom
which means possible move upwards. Stochastic Indicator got out from the bottom and have plenty
of space to go back to the 80 – 96 range like in the past.
Things that can make go up this week TNXP
1. NASDAQ Compliance $1.00+ Bid Letter.
2. Good news from the event on AAN Sports during 07/31/2020 to 8/1/2020.
3. Any other news related to the COVID-19 Vaccine or funding’s
Indicators Values in the 30 min Chart and Tools
Possible Level of Support Spotted:
$1.27
$1.21
Fibonacci Possible price range:
$1.38
$1.89
MACD Indicator:
Histogram -0.00
MACD -0.02
Signal -0.02
RSI
44.16
VWAP
$ 1.38
Parabolic SAR
$1.27
EMA 15
$1.31
MA 200
$1.28
MA 50
$1.36
MA 60
$1.32
Bollinger Bands
Upper Band $1.36
Middle Line $1.31
Lower Band $1.26
TNXP 30 Min Chart idea Disclaimer
Please don't take this as a financial advice, remember I'm not a professional analytic, this whole idea is based on my knowledge, interpretation and opinion. This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell. Remember there is always a risk of losing money when you trade or invest in any stock, you must decide at your own risk.
I see a bull flag in the 4 Hour chart expecting a jump to $1.80s - $1.90s in my opinion.
Analyst Forecast
• The 1 analyst offering 12-month price forecasts for Tonix Pharmaceuticals Holding Corp have a median target of 2.50, with a high estimate of 2.50 and a low estimate of 2.50. The median estimate represents a +106.61% increase from the last price of 1.21.
money.cnn.com(NASDAQ%3ATNXP)&text=The%201%20analysts%20offering%2012,the%20last%20price%20of%201.30.
• Tonix Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
www.marketbeat.com
• Average Recommendation: BUY Average Target Price: 2.50 NY MarketWatch.
www.marketwatch.com
