OCGN trade ideas
$OCGN PUMP and DUMP tomorrow?For those of you who weren't sleeping away your afternoon in futures like me, you saw $OCGN make a massive run up to and through the close all the way to the post market. Finally tally: up 58.62% :o
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On February 8th after a similar push out of the Keltner Channel, $OCGN popped over 100%. See below. Or we could get a doji day followed by a pop on Monday. Let's not butter finger this one and nab that PUMP!
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+11000% gain in 9 months, what could happen next?2 Billion dollar market cap for a company with zero dollar revenue!
What could happen if this bubble burst?
Sounds impossible? Then check the last 3 correction!!! 60-73% correction happened in each!!!
Potential price drop: 40-70%
Reward/Risk:3
Timeframe: 3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
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OCGN Up or Down? Part 2All of OCUGEN Investors wait of FDA aproval, or any anouncement that talk about OCGN.
This week seems to any thing can happen.
I hope that give us good news very early!
I publish this chart to get an idea of how the stock behaves, I am by no means an expert. I just hope that what I think will happen if the FDA talks about OCGN.
OCUGEN Inc. Don t miss the great long opportunityGan Box play !!
OCUGEN INC - OCGN
Broke resistance
1D stoch oversould
4h RSI- bullish divergence
4h-6h MACD- bullish divergence and bullish cross
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I would also be very happy about TV tokens ,for more free setups and privat tips
No trading advice,dyor and trade save!
Bounced off FIb, Cup and Handle, bullflag + short squeezeOcugen made a covid vaccine.
Ocugen has 100% short utilization in IBKR
Ocugen bounced off fib the other day closing the gap + it has a cup and handle, + the company hasn't fundamentally changed since it rocketed to $20... Aside from minor dilution.
Ocugen has a target >$10 from analysts.
Somewhat Risky play with huge potential return - PT $90+ This game plan is only based on the chart action ,so do your own DD, I can be wrong . This stock has a very similar chart pattern as MARA and in did people already have made 105x in it (52 week range is $0.17-$18 ),but there are still potential left to get at least 15x more in a relatively short time frame . This chart so as MARAs(check MARA chart as well,I will post it below ) are SO similar to the price action described in the book of Laurentiu Damir "Price action breakdown" pages: 72-74 (in case if you are looking for detailed explanation) the long story short -this stock has reached (in my opinion ) maturity due to the price action and now moving in to demand zone with potential of getting at least 15x ,I know this is sound crazy , but it went up from $0.17 to $18(105x) with in 52 weeks, so everything is possible ....Please check the charts below (wait if you do not see them -I am working on them )
I am going to post few charts below please take a look (if you do not see those charts it means you got here little bit to soon and I am still working on it )
P.S. Constructive criticism is welcome .