What is up, everybody welcome back to trades trades, where we get technical analysis on different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks. I like to preface by saying that i am not a financial advisor nor expert. I am just some random dude on youtube, so take what i say with a grain of salt. I drank my first cup of coffee for the day, so i'm feeling a lot more awake hope you guys enjoy the enthusiasm uh.

The reason that i started this channel is because a couple years back, i was pretty deep in medical debt about 30 000 in medical debt, and i had some close family and friends and mentors that pushed me to work really hard put my money in the stock Market and invest and all that work paid off, because i am now financially free and i have no more of that medical debt. So if it weren't for those guys, my life would be a whole lot different and if i can pass along some of that information, the resources, the tools to you guys. So maybe you can do the same for somebody else. That would mean the world to me.

Lastly, before we get going, if you wouldn't mind dropping a like on the video and uh subscribing to the channel, if you want to join the community out here at trey's trades, i really would appreciate it. It does help out the channel a lot and i do post content like this daily. So with that being said, let's get into today's ticker symbol, which is j-a-g-x jaguar health incorporated, and i have covered this stock before, but for those who maybe have not um have not been. You know around for some of those videos.

I will pull up the overall view on jagex and just read it to you, quick, so jaguar health is a commercial stage pharmaceuticals company which engages in the development of gastrointestinal products. Its products include canelovia, equellavia and neonorworm. It operates through the human health and animal health segments, the human health segment manufactures human products and the ongoing advertising of my tessie, which is used for the symptomatic relief of non-infectious diarrhea in adults with hiv and aids on anti-trovarotroviral therapy, the animal health segment commercializes prescription And non-prescription products for company and product animals, the company was founded by lisa, a kant on june 6 2013 and is headquartered in san francisco, california. Now, i probably butchered almost all of those mumbo jumbo pharmaceutical words, but i gave him my best shot, so you guys have to give me a little bit of credit here.

This stock took off because recently they had some pretty positive results on two of their drugs. One of them was my tessie and the other one was ken alebia and they had some really positive results that drove the stock price up exponentially like they were at 34 point. They were 0.3407 cents and got all the way up to a buck. Uh a buck.

22, buck 23. So that's some intense growth and if you were able to ride that out for those two days, pat yourself on the back man, i didn't. I had no idea honestly honest to god with you guys. I was bashing on this stock.

I didn't think it was worth a penny uh until i did a little more due diligence, so people prove me wrong and i'm i'm definitely willing to admit when i'm wrong because uh this there's some potential here. However, the potential with the stock is not necessarily with the financials situation. If we pull up jaguar health on yahoo, finance and we'd look at analysis, i will pull this up for you real quick. If we look at the current year, they're they're in the negative for most things and there's not much projected for 2021, yet um.

So it's really tough to say revenue estimate. You know pretty standard stuff uh. They did have some solid sales growth, though so that is, that is a a nice thing to notice, although they are projected to be lower for 2021 um, but regardless you're, not in this kind of company for the financials you're in this kind of company. For the research for the drugs that they manufacture and for the news catalyst, because i mean these guys are looking at - you - know, treatment methods for gastrointestinal induced cancer and if you find a cure to that or you find some sort of treatment to that, people will Go freaking ape ape s word, i'm not going to say, because this is a friendly channel, but um people would go nuts for sure and uh.

That's what you see here. You know, that's why we saw you know 33 cents go all the way up to a buck. 27. 36.

9. 12.. I mean that's 400 growth in one day um and that's that's the power that pharmaceutical penny stocks have guys. I mean this is this: is what you're looking for here so um? I have not read that there is any um any research that is supposed to come out in the near future.

If anybody in the comment section down below does know of a date that jaguar health incorporated is expected to release some news, if you wouldn't mind sharing that would be awesome. I would appreciate that a lot and so would uh everybody else here on the channel. But with that being said, let's look at the technicals here and see how we're looking. So if we look at the 10-day chart - and we have one two - three solid bullish days and the other seven - are either consolidation or price correction and what's really surprising, i guess this isn't the pre-market.

But what's really surprising, is there really hasn't been a lot of price correction in the actual regular market hours? I mean we had the super steep sell-off. Super steep sell-off right here at the end of the day on the 23rd, but other than that i mean it. Has been pretty smooth sailing granted. This is a penny stock.

I mean every every cent really stings here, but it's been pretty solid consolidation and we are establishing a very solid new base here. I do like that. It's not just dropping back down to 33 cents. We are established in the 68 to 70 cent range, which is a very positive thing to see in a stock when it shoots up so much.

This is what i would call a bullish flag now, when a stock is getting ready to take off for its next launch to newer highs and newer higher lows, it needs to establish a solid base and that's what it's doing right now guys. This looks like a very solid consolidation phase, it's hard for me to predict whether or not this will take off today. You know i would. I would look to see if there's any news, that's coming out on this stock.

If you have uh, if you follow, like you know, the the market watch dot com finance on yeah yahoo should give you some ideas. Just watch to see what kind of news catalyst comes out on this and if you are expecting news, catalyst get ahead of the curve if you can buy into the stock before the news comes out. If you can beat that, if you can bind on the hype and sell the news, that's where you're locking the most profit guys that's huge um. Let's look at the volatility here, uh, not a l, i mean.

Actually, there is a decent amount of volume, wow holy crap. I stand corrected. I i thought this is going to be in the low thousands, but that just means this was absolutely parabolic holy crap yeah all right. Well, the volume is actually not that bad.

You know it is pretty consistent about the same. You know this is a 15-minute chart so anywhere between 290 000 and a million seems pretty standard. You know 5 million right at market open, that's pretty standard, so i'd be looking to see if we return to any sort of volume like we've seen in the past like this right here guys. This is a huge indicator that something was about to freaking pop off.

On this thing, if you see a huge spike in volume that is uncharacteristic of trading on the stock, like oh four days of regular volume, then all of a sudden - oh, this is interesting. Why the heck? Are we seeing this huge spike? That means you need to look something up. You need to look up that company. You need to figure out why the frick they are trading so much higher in volume than they were previously.

That is a sign that something is about to pop off and if you see that happen again guys do some reading find some news i'll do the same and i'll try and make it a little bit easier for you guys but um. That's a huge indicator right here, so if we see that that trend again, if we see that pattern repeat itself um, i would make sure that you have a pretty solid position in this stock. Now i want to establish some pre-solved levels of resistance and support. We're going to pull the one-minute chart.

This is a penny stock, so keep in mind it's very easy for it to drop below or go above both support and resistance. We're going to draw a resistance level right here. We've got two touch points at 7309, so i'll call that a resistance level and we'll drop a support level right here for you, we've got four touch points right here and i like that the candlestick wicks do touch this. That is a sign of price rejection.

Um! That's a sign of both weak buyers and weak sellers. We see it on both ends, so this 6765 does seem like a very solid support level and secondarily, we have one more support line down here at 66.27, not a huge difference, but ascent is a lot when you're, only trading at 67 cents, so write those numbers Down, if you need to keep those in the back of your mind, if we do dip below either of these levels or somewhere in the middle right now we are closer to you know the 6765. We are trading below the volume moving average, which means the bears are currently in control. Keep that in the back of your head.

But if we do drop below this, i would expect a red day. It's not very often, then we drop below a support level that we come back unless uh there's some solid, positive catalyst that comes out but expect for the worst hope for the best. You know that's what i always tell myself in the trading game watch for the volume if we have crazy volume. Like i said earlier, volume drives volatility, volatility drives higher prices valuations and, if you see high volume, that means something's about to pop off guys get ready for it ride the train.

If you pop above the 7309, i think the next level that you're going to be looking for is a previous level of support, and that looks to be about here. This is a very solid level of support at about 76 cents, 76.21. So watch for that, secondarily, we've got one two three, four, five, six, seven, oh yeah! This is a huge level right here, guys so watch for that 76. 21.

We've got a lot of touch points, so that's going to be something you really need to keep on. Your radar, that is what i have for jaguar health incorporated today guys. I hope that was helpful. Please let me know in the comment section down below, if you find any news that you'd like me to cover on this or, if you just like to inform the other uh other people in the community here at trey's trade.

So we can all be on the same page, all rocking all cooking with crisco. Please drop a like on the video. If you enjoyed it, it really does help out the channel and consider subscribing if you'd like to see more channel uh content like this, i do post videos daily and i would appreciate the support with that being said. That is all that i have for you today and i will see you all next time: peace,.