Ocugen Inc (OCGN)

[georgie18]

OCGN...336...Bullish Meeting Line Reversal Pattern formed here followed by a 25 Million Green Volume Spike...A/D Line ...Money Flow just spotting the Reversal... Aroon confirms the Trend Reversal to the Upside ...longer term "W" Pattern setting up here...Break/Hold 85 range is the confirmation...Resistance Neckline at $12 range...Next target if the Break/Hold of .85 is confirmed is the 200ma...followed by the Resistance Neckline...imo...we shall see...

Y'all give a follow to LINK ORACLE for the heads up...

Chart...http://schrts.co/nmNCHJfk

"W" Chart...http://schrts.co/zTKuyIMn

Ocugen Announces Completion of Warrant Exchange Amendment and Exchange of Series A warrants removes the overhang in capital structure...

https://www.otcmarkets.com/stock/OCGN/news/story?e&id=1581927

The Note has a two-year term, matures on April 30, 2022, and bears interest at a stated rate of 1.0% per annum. Monthly principal and interest payments, less the amount of any potential forgiveness (discussed below), will commence on November 30, 2020. The Company did not provide any collateral or guarantees for the Loan, nor did the Company pay any facility charge to obtain the Loan. The Note provides for customary events of default, including, among others, failure to make payment, bankruptcy, breaches of representations and material adverse events. The Company may prepay the principal of the Loan at any time without incurring any prepayment charges.

1.0% is akin to easy money for OCGN...imo...