Tonix stock price forecast hints that holding above $0

Tonix stock price forecast hints that holding above $0.45 by month-end could set the stage for technical recovery patterns into Q4. Even though it seems like Tonix Pharmaceuticals Holding is developing its business nicely, we still like to consider how easily it could raise more money to accelerate growth. Companies can raise capital through either debt or equity. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate). 345 N Reid Place, Suite 620, Sioux Falls, SD 57103 [email protected] (844) 978-6257 Technical chart patterns in the Tonix stock price forecast show a support zone near $0.42 and resistance around $0.54, offering swing traders clear entry and exit levels.