Hey guys!
A lot of you may not know this but I actually do some stock trading on the side as well as creating YouTube videos.
Recently I came across this stock and honestly in my past 5 years of trading I have never come across something that looks more of an attractive buy than this stock...OCUGEN!
And I'm going to explain why for a number of reasons.
1) We can see a clear elliot wave 1 & 2 being completed with a 0.618 retracement on the fibonacci
2) As the retracement was heavy for wave 2, we can expect the retracement for wave 4 to be less and indeed we do see this as wave 3 hits a peak and wave 4 retraces to the 0.382
3) Wave 5 is sure to be a fruitful wave! Take a look at everything from the RSI showing an amazing trend line on the 30 minute & histogram now ticking to the positive on the hourly
4) Lastly...switch over to monthly. THERE HASN'T BEEN VOLUME LIKE THIS IN MONTHS!
Definitely bullish and I'll be keeping an eye out for a breakout past the triangle.
Happy trading!
A lot of you may not know this but I actually do some stock trading on the side as well as creating YouTube videos.
Recently I came across this stock and honestly in my past 5 years of trading I have never come across something that looks more of an attractive buy than this stock...OCUGEN!
And I'm going to explain why for a number of reasons.
1) We can see a clear elliot wave 1 & 2 being completed with a 0.618 retracement on the fibonacci
2) As the retracement was heavy for wave 2, we can expect the retracement for wave 4 to be less and indeed we do see this as wave 3 hits a peak and wave 4 retraces to the 0.382
3) Wave 5 is sure to be a fruitful wave! Take a look at everything from the RSI showing an amazing trend line on the 30 minute & histogram now ticking to the positive on the hourly
4) Lastly...switch over to monthly. THERE HASN'T BEEN VOLUME LIKE THIS IN MONTHS!
Definitely bullish and I'll be keeping an eye out for a breakout past the triangle.
Happy trading!