Since what I believe to have been the bottom of a larger Wave 2, price action and most importantly volume has been very positive. This says to me, on a larger scale, this is the very beginning of Wave 3. The question I am asking myself when looking at a smaller scale - was that first break out, with the minor pullback wave 1 and 2? Or, are we still in wave 1.1? The pullback happened following the breakout, but I expected a deeper retracement to ~$0.76.
IF this is wave 1.3 we are in now, I have a newer short term target of $1.77.
Volume precedes price. Nice volume today and over the past couple of weeks, almost double the average today. For me, i'm accumulating whilst this sits under $1. A break of $1, which I think is coming soon and it could move quick; according to Finviz, the short interest on OCGN is 20%!
Overall, this is looking very bullish and I find this a very appealing stock right now.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.