Ocugen in accumulation stage has to fill two gaps 22 and 36. TP1=22 TP2= 36
Seems we got a pop out of ascending triangle. Currently testing that crazy resiatnce we were discussing above we need to close a daily above 9$ should be a run to 11$+ If we fall here we could backtest that breakout which would land us at 7.77$
Update: OCGN Triggered my opening Position. Namaste Traders.
as the trendlines show, OCGN currently is on a downtrend but as the optimists are hopeful about its vaccine "Covaxin" due to be approved by the W.H.O, perhaps a reversal on the current trend is on the cards? I'll be putting some money for a small punt.
If we can get the S&P to wake up that could be a big help. Maybe next week if we clear some weeds in the market. Namaste
Looking at the chart we can see a large descending triangle. Our low support is around 6.10 As of Now I had an ascending traingle drawn however it’s not that clean and could be more of a rising wedge. If we broke down however, our target lands around 5.61$ which could be a break of this triangle. We have to expect if we broke down that 6.10 could hold as...
Taking a look at the carts, it looks like $OCGN has had quite a bid of consolidation and is tracking the last wedge (purple lines) fairly well. Thinking this may see a short run up.
Good buy at this price. Waiting for WHO approval for Covid Vaccine, it's partially approved for emergency use in India.
daily chart building higher lows although bullish triangle pattern, still hanging around at bottom, needs to move up and build higher highs.
Ocugen in stage of accumulation. After that we see massive uptrend spike
We arribe to the final countdown and go up... If the news are good the movement will be bullish. I show you my prediction lines: Blue -> Hard Resistance that if overcome will become hard support. Red -> Resistance that if overcome will become support. Orange -> Bearish trend that we broke days ago and that we do not want to see any more. Good luck to all!
Only worry right now is the small trendline and seeing a sudden reversal, but there is bullish flow and it seems like its going to break into 10.14. I would be carefull if it breaks below the support near 7
holy s**t...Calls or shares, haven't decided yet. Reminds me of AMC's flag at $6
Wanted to get thoughts on $OCGN. I have been tracking this for some time and looks like this wedge is ready to break out. I've been on the sidelines with this one and wanted to get some input.
Where will the next move take us? 10$? or 6$?
A very interesting chart. 5000+% healthy digestion. Long flag. News triggers on the horizon - in 4-6 weeks? Emergency authorization to WHO on July 09. Full use application to US later this year? keeping an eye on because of the great potential and risk-reward
i don't have position yet i transfered all my founds to sesen i think the news at ocgn will come mind-end of September
we broke out 21ma today and tomorrow we will break 50ma and full uptrend to above $20