End of Day Wrap Up 02/05/2021
The Highlight of the Day: Ocugen Inc (OCGN)
Today was an amazing day for Ocugen. This one is very personal for me because it was the first time I experienced hate on Twitter. For those who have followed me since last summer know how passionate I am about this company. I initially bought in at $0.17 and sat with an average of $0.20 with 85,000 shares. I did a ton of DD to ensure that this would be a good long term company I would want to invest in for at least a few years. I had alerted around the $0.20 range, and some people chose to chase once it ran into the $0.60 range, and unfortunately some people got burned because a really big furu alerted afterwards, and it ran to approximately $0.95 at the time, essentially turning it into a pump and dump.
Attack on Social Media
After a few weeks of the stock dropping, I was bashed about how crappy this stock was, and tagged in numerous twitter posts about how dishonest the company is, and it was a really emotional time for me. I had just lost my grandfather, so dealing with a death in the family, my business being shut down, and getting attacked on Twitter on top of it all was emotionally draining on me. I stopped posting temporarily and I just shut everything off because it really affected me to know that people lost money, even though I warned not to chase. Every time a sec-filing came out, I would get tagged, and it just became so unbearable for me. Every time I pulled up $OCGN, my name would appear, and in the comments were all the people angry at me. From that point on, I stopped alerting all calls, and I essentially just went quiet until November. I told myself, when January/February 2021 comes around, the charts will tell the story, and I would have nothing left to prove. Today, I have nothing left to prove.
Ocugen’s Charts Over the Last Year
Top 10 Green Positions (02/05/21):
Top 10 Red Positions (02/05/21):
I monitor Market Movers every single day to scan for new setups. I mainly look for positions with unusual volume that are at the bottom, ready for a reversal back up, or if they remain green, I look for a bullish chart for a continuation.
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