It is pretty clear from our analysis that OCUGEN loves triangles and channels!
-It first started its uptrend with the left-most small symmetrical triangle and jumped up from there.
-Then it formed the 2nd symmetrical and again launched the rocket.
-After the 2nd symmetrical, it formed a bearish channel. It then fell tremendously and has risen back up to form an ascending triangle which
again made the stock jump up!
-Now, we can see that the second bearish channel is formed. Based on the fact that OCUGEN likes repeating its favorite patterns,
we can assume that now is the time for another triangle. And once a triangle will be formed, the rise will come along. But first, as it did
in the previous bearish channel, OCUGEN will need to fall and lose some weight to come back up with the energy to build the triangle!
-It first started its uptrend with the left-most small symmetrical triangle and jumped up from there.
-Then it formed the 2nd symmetrical and again launched the rocket.
-After the 2nd symmetrical, it formed a bearish channel. It then fell tremendously and has risen back up to form an ascending triangle which
again made the stock jump up!
-Now, we can see that the second bearish channel is formed. Based on the fact that OCUGEN likes repeating its favorite patterns,
we can assume that now is the time for another triangle. And once a triangle will be formed, the rise will come along. But first, as it did
in the previous bearish channel, OCUGEN will need to fall and lose some weight to come back up with the energy to build the triangle!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.