Ocugen Distribution

16. Dez.

After going through its accumulation and euphoric stage, it is currently in distribution. $0.84~ seems to be a point of non-movement. One stimulus and catalyst could turn this.
I'm going to keep an eye on upcoming trials cycles and dates and look to take a lotto. Under $1 this looks like an appealing stock. A company with huge potential. Its 3 month bullish cycle in Dec 23 to March 24 provided 484% in gains.
To me, this is the end of Wave 2, in a larger bull pattern. If so, we could see wave 3 hit ~$4. I think i'll take a very small position, in case it is still in a bear cycle.
One to keep an eye on.

Not financial advice.

19. Dez.

Trade ist aktiv

This is not a quick trade, as we have seen from the price action dropping lower than expected and will need a catalyst.
It is clearly still trying to find the bottom. I am going to look to add small amounts on these dips.

vorgestern

Anmerkung

Retraced further than hoped, but Boxing Day's bullish engulfing on the daily followed by today's bullish continuation is very positive. Expect to see some retracement back heading into the new year before more bullish pressure. Breaking of the $1 barrier will be huge, expect resistance around $0.98. Once again, I reiterate - for me, personally, under $1 this is very appealing. The last 2 days of bullish action tell me to buy any dips that come up.

I'm seeing a retracement to ~$0.76.

NFA.