OcugenWe had the breakout we expected.
We have held strong buyers are here. We are a hair over extended on the daily and as we see by the daily
Ichumochi cloud we had HUgE resiatnce in this range up to roughly 10.61-10.70
I mad a youtube video discussing the 9.48 ichumochi support on the 4 hour and the critical 9.34 area and when we break it we usually rip pretty fast. However every time we hav backtest as support we always failed. We have small bearish divergents on 1 hour which has been playing out as we fall to the 9.78 area roughly. With the potential of an FdA approval this could still go wild but I’m trying hard to analyze realistically what we could do using technicals more news. We still have a strong FIB at 11.47 that could get a powerful wick up to… if we backtested 9.34-9.48 if buyers allowed it to get that low, this would be an insane long area if we held it. I have big buy orders placed around there. Anyways long enough post hood LUck!!!
