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OCGN Earnings Tomorrow! $15 Strike Price calls! WOWOcugen is a biotechnology company focused on discovering, developing and commercializing novel gene therapies, biologicals and vaccines. They announced yesterday that it will host a conference call to provide a business update and discuss its first quarter 2022 financial results tomorrow, May 6, before the market opens. As soon as i saw the news, there were also 764 calls with a $15 strike price expiring jan 20 in the options chain. they paid a 11.5k premium paid for the calls. Considering that the price is 2.25, such an impressive out of the money bunch of calls made me think it was an insider information about something that could be released tomorrow. On 2/28/2022 S. Ramakanth from HC Wainwright gave a Buy rating for OCGN and a price target of $8.00, while Robert LeBoyer from Noble Financialhas a $15.00 price target. I`m extremely bullish on OCGN earnings tomorrow. Looking forward to read your opinion about it.
NASDAQ:OCGNLong
by TopgOptions
5
Ocugen $OCGN - The Roulette TheoryHere is an example of the "Roulette Theory" that I have created by myself. The Roulette Theory is very simple, it is a theory that works on the probability of the candle colours. When a roulette table spins, you have 3 options, Red, Black and Green ( ZERO). The probability of have many REDs is much lower than having more equal amounts of RED and Black. When a Roulette table has many REDs, it is in your favour mathematically and statistically to bet that a different colour appears. The same principal is used here in the "Roulette Theory". The Roulette Theory was created by Missed A Million in 2013 and has a high probability of success. In order to be most effective, the last candle close must be a spinning top doji (Cross Shaped) in the same colour as all other candlesticks.
NASDAQ:OCGNLong
by missedamillion
2
OCGN back to basicsOCGN kind of treading water for now. I think what we need to see are some rock-solid results from COVAXIN, which this rolling submission could be helpful in identifying. The Phase 3 results were interesting. With more warnings coming out about the current SOC EAU vaccines, another option might not be "too late" at this point. But a lot will clearly come down to the results. For now, speculation is probably playing a bigger role as we don't know much more beyond what Ocugen announced this week. Regardless, looking at chart levels, a quick Fib retracement shows a few "pain points" on the chart, namely the 618 fib that has been a frequent resistance level over the last few months. "On July 2nd, Ocugen reported new evidence from Bharat Biotech. The company shared positive results of its Phase 3 study of COVAXIN™; a whole virion inactivated COVID-19 vaccine candidate. According to the company, it demonstrated a vaccine efficacy in mild, moderate, and severe COVID-19 disease of 77.8% with efficacy against severe COVID-19 disease alone of 93.4%. “With the Delta variant becoming a dominant strain of COVID-19 in the United States, we believe that the Phase 3 efficacy results reported by Bharat Biotech demonstrate that COVAXIN™ has the potential to become an important option to expand protection against this emerging variant. Combining these data with the only Delta-variant results from a controlled Phase 3 clinical trial, evidence continues to support a favorable benefit-risk profile for COVAXIN™.” - Dr. Bruce Forrest, Acting Chief Medical Officer and a member of the vaccine scientific advisory board of Ocugen. " Quote Source: 7 Penny Stocks For Your Watch List This Week If You Like Biotech In July
NASDAQ:OCGN
by PennyStocks101
OCGNWOW is the word of the week. A huge congratulations to you, if you paid attention to my alert on OCGN at 6.84, as you are probably sitting on pretty hefty gains at the moment or booked a huge profit. The stock just doubled investors' money in merely a few days. Congratulations to all those who were able to witness this technical groundbreaking alert. I give you all information's on the technical charts with pivot points for you to take decisions. Go treat yourselves to something special this weekend with this BIG profit ;) From a technical standpoint, this high flyer could see some profit taking in the coming week due to its extreme overbought conditions. In this scenario, I will use any pullback to 7.75-8.25 to go long again.
NASDAQ:OCGNLong
by SmoothJB
OCGN - how to play the COVAXIN news !OCGN: What do they do: mainly focus on developing eye disease therapy. they stepped into the Covid vaccine play and they have a strong product coming – COVAXIN –get this : vaccine can be at room temperature that is huge! transporting and storing with cooling can triple the costs and Pfizer’s vaccine has to be in cooling conditions and if I am not mistaken – double-check me on it – except AstraZeneca all of them need cooling. The vaccine of Ocugen is in cooperation with Bharat Biotech. the vaccine is supposed to be stronger against different strains of covid that are emerging …. The reason for all the noise is in the fine print -they closed a damn good deal on the sales in the U.S – they will receive 45% of profits with no upfront payment (someone was drunk when he agreed to that deal LOL)… so price target given by Roth Capital is 8$ -don’t agree – I think in the next year if all goes well this stock is above 15$ if we factor in the “meme” market going on could be much more and much faster but let's stay conservative. Ok lets talk shop – technical: POC (point of control) is not good – 3,18 but I am certain it will rise in the upcoming week – remember POC is like a “magnet” it will attract the price to it for obvious reason. Volume: average volume is 63M, last 2 days trading above 100M. 50% line of retracement is 3.95 (round it up to the 4$ area – its always areas not specific numbers ) which means we will need to see the golden number getting touched sooner or later (again consider “meme” market conditions are extremely abnormal) 4.5$ -6$ needs to be retested – there needs to be a retracement to that area with some sideways trend before we can say let’s see 8$ - in normal market conditions…. Notice on the chart the yellow square showing ling upper wicks meaning buying power got very weak – matches the volume orders on the left (the colors are somewhat faded meaning it needs accumulation), reversal signal. The red box in the lower part of the chart is the forbidden zone – it is the other side of the POC and the stock flew through that price too quick so if we see a pullback to the POC line we may see a sell-off to that area- don’t believe this will happen so soon as sentiment is very high Bottom line – I think we need to see some pull back the upcoming days before the stock goes higher to the next level of 7$-usually happens after a 2-3 days rally and once that is done we can target 7$+. Please keep in mind we are trading on a very speculative market and everything is highly inflated along with 1.9T $ coming and meme trend this is a very risky market and using my analysis on it can mean shit because it is NOT BEHAVING like it should at all !! FDGT will wait for a pullback before entering as the trend doesn’t look healthy This is not a recommendation of any sort Trader safe and be safe – we are the traders union and we trade by our own rules!
NASDAQ:OCGNLong
by FDGT_academy