Price action on OCGN on a weekly time frame using strictly Support and Resistance.
looking back at what historical price has done when it has hit this region, it is clear to what should happen in the coming weeks.
Nice and easy set up.
Ocugen 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....
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.
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massive consolidation on OCGN First entry will be above the $10.55 resistance point Oversold RSI indicates that there should be some green. Looking for an easy scalp as we all may know how volatile OCGN can be stay risk managed.
Hysteria of the large funds that hold shorts causes a drop in price and panic.
Anyone who looks at MRNA can see exactly the same pattern of action in April 2020.
After approval from the World Health Organization there is no reason to move down
No financial advice!
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...
It 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...
NASDAQ:OCGN just broke a triangle pattern with bullish bias.
Take profit around the $15-16 levels with stop loss as shown on the chart.
Good luck,
Your Ganbu
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Hi Guys,
My 1st Idea post.
Im in OCGN, and today end of October and surely last week.
Week endd with a MACD crossed levels, the 3rd of November is potential approval from the WHO for COVAXIN which will be distributed via Ocugen \ OCGN ticker.
If you look at the weekly candles , the cup and handle is 100% reached.
Weekly Fibonacci crossed 12$ end of the After...
I have been following Ocugen for quite some time now and decided to reassess with the recent run up on 10/26/2021.
Using trendlines, fibonnaci and pitchforks it seems that the downtrend will finally break with todays confirmation. (CHECKOUT THE MOVING AVERAGES AS WELLL)
With news of COVAXIN getting WHO approval on NOV 3, I speculate that this will run parabolic...
OCGN is a bio medical company that is extremely undervalued. We will see a huge buy order in this week. OCGN has a great potential to go to 190$ in near future.
