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RotanimreT
Apr 16, 2021 2:06 AM

Scary? It is always scary.... Long

Ocugen, Inc.NASDAQ

Description

All in the chart .
P.S.Link to my previous chart is down below .

Comment

Made mistake,time to get out

Comment

$4.80 is the last line of defense , look at the previous chart -right bottom part of it and look at the action witch took place .
Comments
PAINTBOSS
This will go parabolic. Long & strong still!
UnknownUnicorn11235479
@PAINTBOSS, definitely will in the next 30 to 45 days
RotanimreT
RotanimreT
@PAINTBOSS, interesting price action took place in 2019 it tanked to $4.80 and then with in 266 days OCGN did 7 spikes measured from 100% to 300% ,4 out of 7 mentioned spikes started from ~ $ 6 zone .We are currently at the bottom of that value zone but in 2021 .Of corse we can not be 100% sure in anything except death ,but by looking on how much market cap of OCGN has increase with in last few month I would not be surprised if OCGN will reach at least top of the value zone ($17 or so ) with out any huge news -based simply on the technical analysis-self full-filling prophecy. But if OCGN manage to develop COVID19 vaccine to fill the gap created recently with negative news on Astra zeneca and J&J vaccines then 3 digit price can become a reality . As I mentioned (in the chart) I have increased my position yesterday and today as well- due to OCGN pulling back to the value zone-I am willing to risk few thousands with potential to at list get 100% profit in a relatively short amount of time .If OCGN cross below $4.80 mark I will accept my losses and get out .
UnknownUnicorn11235479
@RotanimreT, Good call bruv, let the runners run and cut the losers short. that is the hard part, the discipline of not doubling down on a losing horse. I have been reading the #OCGN stocktwits and I think I got dumber a little bit after huffing all that Hopium but you are saying TRIPLE DIGITS? my 1000 shares would love that.

they are currently on stage three for FDA and have made huge advances in India.

There is an interesting thing abou the April 22nd decree by the SEC regarding borrowed shares and shorts released on April 16th. What is your take on this?
shelchuq
The American markets have been going very badly since the day we entered February, and all stocks are in a downward trend. When do you think the markets will improve in general?
RotanimreT
@shelchuq, Usually end of April and beginning of May and June are green .Look at the snap shot I posted above to see what took place in 2019 and 2020 during this time.
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