What is up, everybody welcome 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 the purpose by saying that i am not a financial advisor nor expert, so take what i say with a grain of salt. The reason i started this channel is because a couple years back, i was about 30 000 deep and some pretty bad medical debt, and i was very fortunate to have some close family friends and mentors that pushed me to work really hard and invest my money in The market and i'm happy to say that not only am i now financially free, but i'm doing pretty well for myself at the age of 23. So if i could pass along any of the information resources or tools that were given to me, make the community a little bit better off than it was before, that's all i can ask for.

Lastly, if you wouldn't, i might drop a like on the video. It really does help support the channel and consider subscribing if you'd like to see more content like this, as i do post videos every day, multiple times a day. Now there is one thing that i want to clear up just before we get going on the video. I want to read a comment to you, guys, uh just so that i can clarify some um some misunderstandings, so this guy says immediate unsubscribe from me.

We come to channels like these. Expecting you to know what you're talking about not recommend a stock without doing your research and uh, you know m humble. I appreciate your support and i'm sorry that you didn't enjoy the content, i'm not trying to put him on blast. You know.

I understand everyone has their own viewpoints and opinions, but my bio nano video that i put out yesterday, um bionano, will tank right, i'm not deterring you guys from getting into the stock. I just want you to know that right off the bat. Personally, i got out of the stock because a share offering is riskier. This isn't me saying: hey the stock is going to go down and never come back up right.

I got into that stock as a swing trade play and if you were, if you were rocking with you know the way that i was playing that um. You were also in that as a swing trade play. However, a mid to long term investment right if you're willing to hold this for a week or two weeks, three weeks a month, you're looking at a different picture right that i'm not saying that stock's never going to go up, it could hit 10 on monday. You know i could hit 20 on monday.

For all i know the the stock market is unpredictable. However, the risk level was too high for me to get into i'm fully aware of the news catalysts that are coming up. I'm fully aware that uh, you know it does have a lot of potential, but i'm also aware of the risk that comes with that right and that's just something that i did not want to play with, and i do wish you guys luck if you are holding Your position in that stock - all i'm simply saying, is that it's uh it's it's too risky for me to stay in right now and i do wish you guys the best. So i wanted to take my time to apologize to anybody out there who who did not enjoy that video um.

It wasn't my intent to misinform you if it came off that way. I am simply just stating that uh, you know i i'm getting out of that stock, because the risk level is too high for me. So with that being said, let's get into the video for today. I want to get a quick shout out to the guys over at the patreon.

We have a couple people joined the other day. Ryan bugler actually went to college with that. Guy welcome ryan work, nathan, young uh, michael ryan, finger size, toes cool name dude after alex andrew. Thank you guys.

So much for the support really does mean a lot to me. They will have access to the private discord as well as real-time insight to my personal trading. So with that being said, let's just take a quick look at what jaguar health is. I will uh, i will pull up the.

I have pulled up a very important news. Article on jaguar health - that was uh, you know, is on the website, and i just wanted to walk you through this. This could be a large contributor to you know why we saw a bit of a run-up in the previous trading day on january 7th. So i'm just going to read this off to you guys, really quick, jaguar health subsidiary receiving pre-clinical services from the national institute of allergy and infectious diseases for a new pre-clinical study initiated january 6, 2021 for lex schlemmer plant-based drug candidate for the symptomatic relief of diarrhea.

I probably said this would have said that wrong, but i'll leave a link to this in description box. If you'd like to look at it closer but jaguar health announced today that the 28 day pre-clinical, toxicology and safety study in dogs began today january 6. 2021. To support the development of lex lumer, the second generation plant-based anti-secretory drug candidate of naples, pharmaceuticals, jaguar's wholly owned subsidiary for the symptomatic relief of diarrhea from cholera and uh.

You know this, since this is a 28 day pre-clinical toxicology study, beginning today, on january 6th. I do anticipate that you know about a month from now. We should have another positive news: catalyst on the horizon for jaguar health, so you know there's a couple different ways that you can play this. We are expecting a webinar on monday, where they they are rumored to announce a a potential merger right, um and i plan on staying in my position in jaguar health until that merger is either announced or not announced, in which case i'll take profits, um and then This 28 day study - i am going to be watching for that i'll, keep it on my watch list and and probably re-enter into this in february before that happens right.

So you want to buy the hype and sell the news. So i plan on getting in probably a couple days before so maybe like february 2nd february 3rd, i will get back into this stock in anticipation that the study goes well right. If the study doesn't go well, that's a risk, that's a! It could drop on the stock, you might be taking loss on the stock, but if the study does go well, as as you know, jaguar health has done well in the past. This could give you a pretty solid payout, so that is very interesting.

I do think i played into the price action that we did see on the stock yesterday, so just keep that in the back of your mind, so we're going to look at a couple different things here on the on the charts. I've got the one the. I think this is a 10 day one month, we'll change it to a one month, quick yep, so we got the one month chart pulled up as well as the one day. One minute chart we'll look at some levels of uh support and resistance.

I've got a couple. Different indicators pulled up the 200 moving period, ema, which is just in a 200 day average price valuation trend line based on you know, price action over the last 200 days. As well as a 20-day volume, adjusted moving average, and this takes into consideration different volume that is pumping into the stock and creates a 20-day price valuation average trend line. Based on that, i do have a pattern drawn up that i saw here on the charts from yesterday and we did break through that.

This is an ascending wedge i'll talk about that in a minute, we've got the rsi indicator pulled up the relative strength index. Anything over 70 is ever bought. Anything under 30 is oversold, and then we will look at the one day, one minute chart and look at the price action on here if you are looking to day trade this stock. So with that being said, we do have support.

Currently, sitting at a dollar 29 previous level of resistance here on the charts uh, you know only one contact point, so not a super strong level followed by a dollar 61 we've had this acting as a previous level of support, and then uh right here is n. Is a level of resistance so once we shot through that, you know we're looking at about 1.91 as the next level of support, and then these green lines right now are acting levels of support previous levels of resistance. I do like two dollars and twelve cents as well as 250 and in the after hours in pre-market, we did actually touch over three dollars up to three dollars and sixteen cents. So that is going to be the overlying um resistance level to watch for on the day as well as three dollars as we are currently trading at 290, 289 or so um.

If we look at the 200 ema, as well as the 20 day volume adjusted moving average, we are looking pretty solid and i did point this out in my last video but anytime, that you see this volume adjusted moving average having a contact point. You know this didn't quite touch, but it came very close um whenever there's a contact point between the the volume adjusted moving average and the 200 day period. Moving ema, that is an extremely bullish indicator right. That's a sign that you should probably get into the stock because some really solid things are about to pop off and if you did get into the stock, when that happened at 67 cents, you're riding pretty pretty freaking filthy right now, you're doing really nice uh.

It's looking it's looking good and i don't think this is done. I do have a price target on this for monday. If the merger is announced of five dollars, i would not be surprised in the least bit honestly. If we push past that, you know, six dollars is honestly very reasonable and then, if the merger does uh get announced in the future, there's going to be a date on this merger right.

You can think of apxt or previously lca, now gnog gnog, when a merger date is announced that opens up the door for a solid midterm investment into the company as there's typically a pretty slow and steady run up until that merger date. In anticipation for the good things to come and then a pretty solid dump once the stock is merged into its new ticker symbol, so you know i will be watching for that. That is a potential for this stock in the future uh the rsi indicator. We are looking a little bit overbought at this given moment.

You know, like i said anything over 70 is overbought, and if we look historically speaking when the stock is overbought, the correction doesn't seem to be too harsh. We did approach 30 in the past. However, most of the time you're looking just a hair under neutral, neutral, being 50. uh, it's it's! It's not too bad right, we're sitting pretty nice right now.

So if you do see a correction - and i don't anticipate we will today, you know we will in the future, but today might be a pretty solid green day. The charts are looking very solid. This breakthrough this uh, this ascending wedge, is a very strong bullish indicator to me. Yeah we're going to see probably a pullback to you know about 50, maybe the low 40s high 30s, in which case you will see a pullback on the price and you may want to either consider taking profits or averaging down if you bought into late.

If this is a mid to long term investment for you, you may want to consider averaging down or averaging up if you bought in you know at a pretty low price cost um, as i do expect that to happen. So this right here, this ascending wedge, what you're looking for is a top price valuation, probably like a level of resistance, and you draw an average trend line down and then an average trend line up from a previous level of uh support right. So we have this candlestick right here and this candlestick right here and we draw these trend lines down and you see this squeeze on the price action right. It's condensing you're, seeing this like springing up and buying pressure and when you get this really tight price zone.

Typically, if you break through the trend line in the upward direction, you're going to see a pretty harsh and steep climb and price action - and we did see that here right. So i did predict this in my previous video. I said uh, you know if we do break through this trend line, i would expect a pretty harsh harsh amount of buying pressure and we did see it. We did push yesterday.

You know up to three dollars and we're sitting really nice on this stock guys, so i'm really liking where this is going right now you know we are seeing a little bit of uh of a sell-off in the pre-market at this given moment, but we did have You know three dollars and 16 cents as a pre-market, high and uh. I would not be whatsoever surprised if we do push through three dollars and 16 cents again. So if you're looking to get into this play, you know or you're looking to increase your position in this play, i would be watching for a couple different things here: i'd be watching for a pullback potentially to 2.50 cents. I'm not guaranteeing that's going to happen right.

If i could be a wizard and we'd be we'd, be hitting home, runs and hitting balls out of the park on every single play, uh every single day, but if you do see it slipping into this 2.50 range, i would increase your position. I'm considering doing the same, i did recently sell out of uh bngo, as i had stated, and i would be completely transparent to show you my portfolio. I am in apxc fuel cell jagex lee mvis at this moment, and my dollar cost average on jag x is a dollar thirteen. So i am highly considering averaging up, because i do anticipate that we're going to see a pretty solid run up to about five or six dollars if the merger is announced.

So i'm gon na be personally watching for this pullback to two dollars and fifty cents. As a potential entry point to improve my position in the stock, if you're looking to do the same, that is probably a very solid level to watch for, of course, i'm not a financial advisor nor expert so make sure you do your own research, but that is How i am planning on looking at this play and i'm not guaranteeing we're going to get the pullback right? I might just miss out on the opportunity. I might just have to be happy with my my dollar: 13 cost average on 900 shares, which isn't which isn't the end of the world right. I can still make a pretty solid profit off of that.

I'm just might be uh missing out on potential uh returns and more margin uh in the future, which is okay, right. I'd rather not chase the stock and miss out on opportunity than chase the stock and get burned to make less money than i would have in the past. So um just be watching for that. If you do see a pullback, it is a good opportunity.

Now we do have the the one day one minute chart pulled up current support sitting at a dollar, ninety two followed by two dollars and thirteen cents, two dollars and uh 28 cents and then two dollars and sixty four cents right here. These are all previous levels. From the last trading day - and if you can see here, the price action does follow these pretty closely. We do have a resistance here on these two lines: um previous acting levels of resistance, now support, and then it hugged this level of support, pretty tightly going up and down up and down and then once we did actually get a solid breakthrough.

It was a very solid run up right and so then we're looking at 264. You know a lot of consolidation break through this line, solid run up and now we are just hogging this uh, this support line right here right around two dollars and ninety cents. Right now, so, if we do break through that and test out 264, you know, i would anticipate you know somewhere in this 250 range, getting filled just because of the previous level of resistance. This is a very solid level to watch for so just be watching for that, if you'd like to get into this stock as a potential day or swing trade, that seems like a very solid entry point.

Personally, i would not short the stock as you would be trading against the momentum. So if you are looking to trade, this stock, as a short just be very careful, make sure you have your stop losses set. Make sure that you are mitigating your risk as best as you can, and you should be okay as long as you take an l, if you, if you do get one right now, we do have this crossover on the volume adjusted moving average and the 200 period. Ema right here, a very bullish indicator and, as you can see, it has gone very, very well right anytime.

You see, that is an extremely bullish indicator to me and the more gap you see between this volume adjusted moving average trend line and the 200 ema, the better off that you are. We did just cross over the uh, the 200 ema right here in the pre market, so i will mark that that is a bearish indicator on the one day one minute chart, but if we do cross back over just be watching for that, if you can pull Up a chart on your own brokerage account. You know, i personally use fidelity pro. I've been asked a couple of times and i highly recommend it just be watching for a crossover, because that is a very bullish indicator.

So, overall volume you know we're looking pretty solid. A little bit of a pullback more volume, yes, yesterday than two days ago, which is a good sign if we can continue to ramp up on that volume, which i would anticipate today, you know for people anticipating and speculating about monday's webinar and possible merger deal. We should see a little more volatility and i would anticipate a pretty solid shoot up on price. So i would not be surprised whatsoever if we do touch near that four dollar mark, as we did go up nearly a dollar or actually a full dollar yesterday and we are getting closer and closer to that webinar day and people's anticipation and hopes are going to Be extremely high, so um do be watching, for that.

I do think. That's gon na be very possible. Is that four dollar mark by the end of the day? And if we close above four dollars guys, we are set up very, very well to break over five dollars on monday. So that is what i have for the update on uh ticker symbols.

Jagx jaguar health incorporated i'll, just repeat what i said earlier. If i, if i uh made anybody feel like, i spread misinformation or mislead you on bngo. That was not my intent, i'm just simply stating the the possible risk and making sure that you're mitigating that, and that was my sole intent with posting that video so just wanted to reiterate and double down on that thought. If you enjoyed the video, please drop a like, it really does help support the channel and consider subscribing if you'd like to see more content like this, as i do post videos every day.

And lastly, i have an affiliate link in the description box down below for tubebuddy. Now tubebuddy is an seo optimization website that i personally pay a nine dollar per month membership fee for - and i highly attribute this to growing from zero to three thousand subscribers in 22 days. It helps get your videos into the eyes of your intended audience and if you are a content creator or looking to become one, i cannot highly recommend this enough and using my affiliate link will pay me a commission. So it's a great way to support the channel and, if you're not interested, that's totally fine, i'm just glad to have you here supporting the channel on giving me your time.

So that's what i have for the video today. Thank you for watching my friends and i will see you all next time. Peace.