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.
OCGN trade ideas
Ocugen (15m Timeframe) $OCGNYesterday saw the price of Ocugen shoot up on the open as pre-market was showing huge open interest. This gain was quickly swallowed and lost due to a price gap formed pre market. The gap was filled in the last 15 minutes of the trading session so lets see what happens from here.
OCGN 1Dtest
Ocugen, Inc. operates as a clinical stage biopharmaceutical company. The Company offers products for improving the body's ability to regenerate healthy cartilage, joint function, and prevention of degenerative diseases. Ocugen serves patients and orthopedist throughout the United States.
OCUGEN CALLS IDEA!! $7.5 Dec 22 Best Vaccine pandemic play!!
$Ocugen has just proven to have a vaccine that ( Covaxin) can neutralize both Omnicron ( most infectious ) and the Delta variant( most violent ).
$Ocugen has seen a beating! Last Quarter the company dropped nearly 50% from previous highs . I'm expecting a return to those highs some time late spring/early summer.
I think $3 is the lowest we can go but, to me its all upside from here! $Ocugen could also cause some serious problems for Over- Exposed short sellers.
With T-35 filings piling up and over 25% of the Float in Short interest , this could see a monumental increase in price.
## The play ##
Great news behind a great company, professionals have a price target at $10 which is a 110% gain from current levels!!!
My personal Price target is the $20-$25 range.
Recently, I've opened some Dec 22 call options on OCUGEN at $7.5 !
Target: 1 | Target: 2 | Target: 3
$11 | $16.50 | $25
Ocugen - the next big vaccine stock?OCGN (Ocugen) has formed an inverse head and shoulders structure after completing a 7 wave crashing structure. The first 5 waves up was completed, followed by a recently completed ABC corrective pattern that I believe is also complete. The targets are quite spectacular but so is the possible increase in sales this year. The increase in sales could be as much as 600,000%. Yes Six Hundred Thousand Percent.
OCGN COVAXIN Robust Immune Memory to COVID-19 and VariantsNew Data suggest COVAXIN (BBV152) may provide protection against current and future variants!
data from a Phase 3 trial that included nearly 25,800 participants: 77.8% overall efficacy, 93.4% efficacy against severe illness and 65.2% efficacy against the Delta variant.
52 Week Range 0.28 - 18.77
My price target is the 10.30usd resistance.
OCUGENOCUGEN do you think it will go up
ugen, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies to cure eye diseases. Its product pipeline candidates include OCU400, OCU410, OCU200, and COVAXIN. The firm's modifier gene therapy platform is engaged in addressing retinal diseases, including retinitis pigmentosa, leber congenital amaurosis, and dry age-related macular degeneration. The company was founded by Shankar Musunuri and Uday B. Kompella in 2013 and is headquartered in Malvern, PA.
Ocugen sees strong support at $7.80Ocugen has tested support twice at the $7.80-$8.00 range. There was a sharp sell-off after WHO approval was announced, but it's likely that approval added $1-$2 to the consolidating price. Two important catalysts are on the horizon: Potential Canadian approval and USA pediatric EUA. Ocugen will resume a strong uptrend if either of these comes through. Historically, Ocugen likes to dip to oversold territory before the strong pump. This is already happening now.
Ocugen's small supply and heavy short interest make it a good candidate for a parabolic run. If you can handle the volatility, I wouldn't sleep on this stock.
At Support Looking To Move Higher!OCGN is currently trading right above a major support zone. The IV ranking is below 10% and it had a solid run not too long ago followed by a massive sell-off. I believe it's time for the bulls to take back control. There's also a hammer forming at support which is a bullish sign. Let me know your thoughts below.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Eyes should be washed, to see things in a different way.Eyes should be washed, to see things in a different way.
Words should be washed
To become the wind itself, the rain itself. (Sohrab Sepehri)
I shared this watchlist on Friday, October 29th, 2021: I mentioned the Short Squeeze Season has just started..!
www.tradingview.com
Today 42 out of 50 stocks on this list are positive! (84%), 1 closed at 0,( 2%), and 7 Negative (14%)!
This 84% is way above 50/50 chance of probability happening!
However, I do not promote longterm investing in these tickers..!
These assets are heavily shorted and when short sellers try to cover their position and this could lead to bullish spirals in some of these tickers!
Be careful, It is also not recommended to invest more than 10% of your trading capital in this group!
These assets are so volatile and their bullish trend will not last long!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
OCGN entered Resistance ZoneIt is most likely OCGN experienced a Short Squeeze by WSB!
On Friday, October 29th, 2021 I mentioned it on my possible short squeeze list and now it is ranked 7 on WSB ..!
For those Who have it, Stop loss on 14.20 could be the safest play!
If you do not have it, after 133% in less than 20 days, it is now very risky!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
OCGN LONG 🚀 🚀 🚀 HERE'S HOW TO MAKE 70% PROFIT 🤑 🤑 🤑NASDAQ:OCGN just broke a triangle pattern with bullish bias.
Take profit around the $15-16 levels with stop loss as shown on the chart.
Good luck,
Your Ganbu
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