Tonix Pharmaceuticals Holding Corp.
Short
Aggiornato

TNXP - A Chance To Get Out

516
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.
Nota
Press play and see that the gap has filled just as I said it would in just 2 days. That was your bully rally btw - the gap was smart money covering their shorts out of hours and causing a big star candle short squeeze rally.

TNXP will trend to the next relevant fib before another bounce which will most likely be a long way down.

Not advice.

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