Ocugen, Inc.Long
Ocugen Distribution
Updated
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.
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.
Trade active
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.
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