$OGCN trying a few calls here...Trying a few 12/31 $6 calls at $0.25, this has potential to pop again. Looking for biotech plays into year end...
OCGN trade ideas
OCGN COVAXIN Robust Immune Memory to COVID-19 and VariantsNew Data suggest COVAXIN (BBV152) may provide protection against current and future variants!
data from a Phase 3 trial that included nearly 25,800 participants: 77.8% overall efficacy, 93.4% efficacy against severe illness and 65.2% efficacy against the Delta variant.
52 Week Range 0.28 - 18.77
My price target is the 10.30usd resistance.
OCUGENOCUGEN do you think it will go up
ugen, 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.
OCGN: A massive iHnS pattern has developed. Because of the extremely shallow nature of wave (2), wave (3) at 1.618 extension of wave 1 is ridiculously high.
OCGN Long term StrategyPrice 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.
anotha oneI don't know the fundamentals of this company so I am using pure technical analysis on this :)
risk to reward looks pretty good
Ocugen sees strong support at $7.80Ocugen 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. Historically, Ocugen likes to dip to oversold territory before the strong pump. This is already happening now.
Ocugen's small supply and heavy short interest make it a good candidate for a parabolic run. If you can handle the volatility, I wouldn't sleep on this stock.
At Support Looking To Move Higher!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.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
OCGN Volatile Opportunity 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.
$OCGNSymmetrical price action, trading within an Arc and above 30-day Moving Average. Looking at $170 p/s around July 2022
OCGNHysteria 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.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 Negative (14%)!
This 84% is way above 50/50 chance of probability happening!
However, I do not promote longterm investing in these tickers..!
These assets are heavily shorted and when short sellers try to cover their position and this could lead to bullish spirals in some of these tickers!
Be careful, It is also not recommended to invest more than 10% of your trading capital in this group!
These assets are so volatile and their bullish trend will not last long!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
OCGN entered Resistance ZoneIt 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 certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
OCGN LONG 🚀 🚀 🚀 HERE'S HOW TO MAKE 70% PROFIT 🤑 🤑 🤑NASDAQ:OCGN just broke a triangle pattern with bullish bias.
Take profit around the $15-16 levels with stop loss as shown on the chart.
Good luck,
Your Ganbu
⚠️ Let me know your feedback and comments below!
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OCGN , CUP AND HANDLE FORMED, WIATIMG FOR THE 3RD NOVEMBERHi Guys,
My 1st Idea post.
Im in OCGN, and today end of October and surely last week.
Week endd with a MACD crossed levels, the 3rd of November is potential approval from the WHO for COVAXIN which will be distributed via Ocugen \ OCGN ticker.
If you look at the weekly candles , the cup and handle is 100% reached.
Weekly Fibonacci crossed 12$ end of the After Hours trading today.
Stock is potential to go far above 76$ all the way up to 200$ if not more long term, why cause its as per weekly and monthly Fibonacci ratios and targets.
This coming Monday and Tuesday may confirm the break of the 12$ , after there are 2 resistant points 18$ and 35$ .
If it happens it will confirm the weekly fibonacci targets for 54$ and 62$ after.
You can open your charts to double check ofcourse, and this theory will be great to be confirmed before the 3rd november, cause after the WHO approval new targets will take place, you can open the monthly chart and check the Fibonacci targets 150$ to 200$ and above.
If WHO delays again on 3rd November, Disaster day and huge sell offs.
$OCGN are you ready for $52,3 ? #stocksbase on fibo
who approval , canada approval
fda trials...
disclaimer
Am I doing this Right?I have been following Ocugen for quite some time now and decided to reassess with the recent run up on 10/26/2021.
Using trendlines, fibonnaci and pitchforks it seems that the downtrend will finally break with todays confirmation. (CHECKOUT THE MOVING AVERAGES AS WELLL)
With news of COVAXIN getting WHO approval on NOV 3, I speculate that this will run parabolic to its old prices.
Am i doing this right? whats everybody elses thoughts?
Depends on the news Based on what happens with WHO approval, this can be a great runner in the making. Closing above 13 would make it go to an ATH.
OCGN is extrem bullish! OCGN is a bio medical company that is extremely undervalued. We will see a huge buy order in this week. OCGN has a great potential to go to 190$ in near future.
Ocugen Tryin hard to reclaim the .5 fib as support at 8.66. If we can break and hold above 9.12 we will be that much closer to our 9.34 -948 resitamce range. I belive this was a pull back backtest of the breakout. Still a few week before our weekly ichimochi cloud resiatnce becomes very thin, that should
Be the blast off senerio we have been waiting for as long as w can o our reclaiming support. I a slower move up will be much more healthy then a crazy rip to the upside
