Trading Idea - #OcugenMy trading idea for - #Ocugen - BUY
Entry: 0.95 USD
Target: 8.00 USD (+720% profit)
Ocugen, 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.
Institutional Trading of Ocugen
A number of large investors have recently added their stakes in OCGN. JPMorgan Chase & Co. increased its holdings in Ocugen by 20.9% during the first quarter. JPMorgan Chase & Co. now owns 4,015,742 shares of the company's stock worth $13,251,000 after buying an additional 693,786 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Ocugen during the first quarter worth about $47,000. Cetera Investment Advisers purchased a new stake in Ocugen during the first quarter worth about $50,000. Vanguard Group Inc. increased its holdings in Ocugen by 2.8% during the first quarter. Vanguard Group Inc. now owns 10,906,557 shares of the company's stock worth $35,991,000 after buying an additional 301,063 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Ocugen during the first quarter worth about $34,000. Hedge funds and other institutional investors own 21.50% of the company's stock.
Ocugen Price Target Raised to $7.00/Share From $5.00 by HC Wainwright & Co.
H-setup
NZDUSD remains volatile in a trading range.NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the daily chart.
Pivot resistance is at 0.6140.
We expect a reversal in this move.
A move through 0.6100 will confirm the bearish momentum.
The measured move target is 0.6050.
We look to Sell at 0.6140 (stop at 0.6166)
Our profit targets will be 0.6075 and 0.6060
Resistance: 0.6120 / 0.6140 / 0.6150
Support: 0.6075 / 0.6065 / 0.6050
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPNZD : Long Trade , 1hHello traders, we want to check the GBPNZD chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to play the role of a support level and the price will maintain its profitable trend. The first price target is 2.07200 and if the price can break this level, the second price target will be 2.08100. Good luck.
NZDJPY to find buyers at current support?NZDJPY - 24h expiry
Trading within a Bullish Channel formation.
Dips continue to attract buyers.
The hourly chart technicals suggests further downside before the uptrend returns.
A lower correction is expected.
Bespoke support is located at 91.30.
We look to Buy at 91.30 (stop at 91.00)
Our profit targets will be 92.05 and 92.25
Resistance: 91.90 / 92.20 / 92.40
Support: 91.30 / 91.00 / 90.70
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
XEMUSDT Potential 25% to 100% UpswiningXEMUSDT has showcased a commendable adherence to the support area, followed by a robust bounce off the average-price uptrend trendline. A buy signal shared in our channel about a week ago has already yielded profitable results, with an imminent upside potential.
While our initial upside target is within reach, the price surge over the upcoming weeks could be substantial, ranging anywhere between 25% to 100%. It's advisable to closely monitor this opportunity as it unfolds.
EURNZD : Long Trade , 1hHello traders, we want to check the EURNZD chart. The general trend of the market is bearish and the price has reached a certain key level that it has reacted to several times in the past. We expect this level to play the role of a support level and the price will grow to around 1.75900. Good luck.
From 9.19% to 183.8%, So this is nice and beautiful, BREAKEVENSOLANA, The market Diamond.
Set SL on Entry level, Sell 50% of your position on first liquidity level (TP1). RISK FREE!
Hit TP1 and this is profits:
Spot and 1X Futures: +9.19%
2X: +18.38%
3X: +27.57%
4X: +36.76%
5X: +45.95%
10X: +91.9%
20X: +183.8%
Guys, you can add TP4 for your setup, and you can have 3 scenario:
1. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and set Top TP on TP3.
2. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and sell 40% of your position on TP3, and set Top TP on TP4.
3. RISK FREE!, move SL on Entry level and sell 50% of your position on TP1, and sell 20% of your position on TP3, and sell 10% of your position on TP4, and GO UP! MORE PROFIT! (I'll tell you another TPs in this scenario). (Long Term)
Which scenario do you choose?
This is SRM method \(^*^)/
USDJPY : Long Trade , 1hHello traders, we want to check the USDJPY chart. The overall trend of the market is bullish and the price has pulled back to the specified key level after breaking the descending channel. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow to around 149,600. Good luck.
EURJPY : Short Trade , 4hHello traders, we want to check the EURJPY chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price and the price will fall to around 158,400. Good luck.
EURUSD - Small Recovery Before Another DropThe Euro (EUR) didn't move much on Wednesday, but it's been down lately.
European economic data is weak, and some people think the European Central Bank (ECB) might cut interest rates soon. Here are some key things to watch:
Germany's industrial production fell more than expected in December . This could be a sign that the European economy is slowing down.
The ECB will release its Economic Bulletin on Thursday. This report could give clues about when the ECB might cut rates.
Germany's inflation data is due on Friday. If inflation is lower than expected, it could strengthen the case for a rate cut.
The US Federal Reserve is also considering rate cuts, but they are being cautious. They want to make sure inflation is under control before they start cutting rates.
Key points:
EUR/USD is weak due to concerns about the European economy.
ECB might cut rates soon if inflation falls.
US Fed is also considering rate cuts, but they are being cautious.
From a technical analysis point of view, combined with upcoming financial news, we believe that Euro will push to the upside to 1.0800 price zone and then reverse down to drop to 1.0650 price zone at a minimum.
XAU BULLS MOMENTUM. (BEARS LIQUIDITY SWEEP OVER) 📈 Just as I analysed the daily candle timeframe, we expected a bottom liquidity sweep down the 20's through till 2017 which has successfully taken place. Its now time for.the bulls to take over buying up the 40's
Major POI are in 44, 55 and the 70's
BOOST 🚀, COMMENT📑 AND FOLLOW🏷 ME FOR MORE HELPFUL ANALYSIS 👍....
Short term ABT bearishNYSE:ABT Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line!
This is great confirmation of a trend continuation setup.
Since the retracement is deep though, 78.6%, the trend continuation impulse could be short lived and reverse, or continue down side.
EURUSD | False Bearish Setup - The Bulls are arrivingDuring Monday's American session, the EUR/USD continued its descent, reaching below 1.0800 for the first time since mid-December. Market caution favored the strength of the US dollar, negatively impacting the pair ahead of key events for the week. Despite a modest bounce from a January low at 1.0813, widespread dollar weakness prevented further declines. Daily technical analyses suggest a bearish outlook, with resistance around the 200 Simple Moving Average at 1.0845. The short-term situation is also negative, with the EUR/USD below all moving averages and bearish technical indicators. In this context, the euro is the weakest currency against the dollar at the beginning of the week, with bets on a rate cut in April despite opposition from the ECB. Peter Kazimir suggests a cut is more likely in June, citing positive signs of disinflation. ECB Vice President Luis de Guindos emphasizes inflation progress but reassures that they are not yet ready for a cut. Monday's macroeconomic calendar is sparse, but the week will see significant events, including Eurozone and Germany's GDP, the US Federal Reserve's monetary policy decision, and January Nonfarm Payrolls report. The chart shows a well-defined long position, greetings to all.
The Walt Disney Analysis: Looking at the 3-Day Timeframe 🐭The Walt Disney Company NYSE:DIS , a subject of much discussion due to its corporate policies, is under our lens today. On the grand scale, specifically the 3-day timeframe, we observed the conclusion of Wave (4) with the onset of the pandemic, followed by the completion of the first cycle at $203. Currently, we seem to be finalizing a significant Wave II - the overarching Wave II in this case.
🔎 A closer look suggests a clear 5-wave structure downwards towards our Wave (A). Considering this, it seems to align with a zigzag pattern. Consequently, we should now expect a 3-wave structure leading to Wave (B). This Wave (B) is anticipated to fall between 61.8% and 78.6%. Given that the 38.2% Fibonacci retracement from Wave 5 to Wave (A) precisely aligns with our subordinate Wave 4, we presume that's where our Wave A will be situated.
📉 Following this, we expect the emergence a Wave C forming a zigzag pattern. This would indicate a significant drop below the $80 level, which has been the level for both Wave (4) and Wave (A) so far.
GBPJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY
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XAUUSD : Short Trade , 1hHello traders, we want to check the XAUUSD chart. The general trend of the market is bearish and the price has hit the ceiling of the bearish channel as well as the specified key pullback level. We expect this level to play the role of a resistance level and the price will fall until around 2011.600. Good luck.