What is up, everybody welcome to trace trades, where we get technical analysis on different stocks in the stock market, as well as buy hold or sell opinions on these given stocks, i like to start by saying merry christmas to everybody out there who celebrates and happy holidays To those of you who don't, this is a great time to spend with family and friends so make sure that you're enjoying your time off with your loved ones. I like the purpose by saying that i am not a financial advisor nor expert. I understand random do on youtube, so take what i say with a grain of salt you'll have to excuse the fact that i'm a little bit quieter today. I am over at my girlfriend's house in wisconsin celebrating christmas, and they are all sleeping.

So i just want to be respectful of their uh sleep schedules, so uh bear with the quieter tone than usual. Lastly, if you think you'll enjoy this video, please drop a like or dislike, either way, you're helping out the youtube algorithm and i'd greatly appreciate it and consider subscribing to the channel if you'd like to see more content like this, i do post videos like this on A daily basis with that being said today we are looking at ticker symbol, jagx, jaguar health incorporated. This was requested by a subscriber. His name is michael and i'd just like to give a little bit of a technical analysis.

So here i have the 10 day. Charts pulled up and, to be honest with you, this stock sees a lot of consolidation. This is a pharmaceutical company and it is very highly dependent on positive news from research. It's pretty standard for a pharmaceutical company to not have great financials.

This company does have not: they actually have negative income, they have a fair amount of debt, so the upside with the financial side of things is not very high. What you're, looking for here, that's going to you, know, soar and shoot. The stock price up is positive news regarding different um, different research and medical situations that they are working on. So what shot this price up on jaguar health incorporated? It was the research they recently put out regarding a drug that they've been working on and i'll read this off to you real quick shares of of this company shot up once they announced they had met the intent on a particular research on gastrointestinal all research.

So what shot? What shot this up dollar 25 was that news release, and i do not think you're going to see this dollar 25 plus price target again, unless we have some more positive catalyst that comes out from this company, you are going to be looking you're going to want To watch the news very closely on jaguar health because you know, historically speaking, you want to pay attention to trends on a stock. This stock sees a lot of consolidation. You know there's a there's about a month period of time where they traded between 19 cents, and you know 35 cents, and you can see these spikes in price valuation. These are likely due to you, know, catalyst or positive news results that come out from either different drugs, they're researching or quarter financials.

Now i very highly doubt as a quarter financials as if we look at the financials on this company, they do see. You know a negative ten: 10 000 profit margin. They see negative 22 million net income, so it's definitely not financials that are going to drive this company up um you're going to be looking for the news now. Another thing to pay attention to and a tool that i like to use is the nasdaq unusual volume indicator and what you can do is you: can google, the nasdaq unusual trading volume on on google or yahoo microsoft bing, whatever platform you use and pay attention to? The amount of volume that's coming in so if you look at a typical day for jaguar health you're, looking at about 14 million shares that are traded.

However, a couple days ago, when this spiked up to a dollar 25, we saw 650 or 650 7 million shares that were traded on this company, which is about a 20 times increase in volume and, as i've stated before on this channel volume drives volatility and volatility Drives higher price valuations, so that is something you're going to want to pay attention to. If this does not continue to see as much volume as it as it previously has it's very unlikely you're going to see this reach that dollar 25 price target anytime soon. So my personal opinion on this stock. There is not a lot of risk if you were invested in this 20 to 30 cent price valuation range.

However, if you are a bag holder on this stock - and you got in when the hype was was pumping, this stock up to the dollar range, you likely are going to be a bag holder and it might be a significant amount of time until you see the Stock reach that dollar price target again. So personally, what i would do is sell out of your position, take your loss and move on to something else where you can make a return on the losses that you have made. So if that was helpful for you guys, please uh, please let me know in the comments down below if you'd. Like any clarification, i would love to answer.

Otherwise, that is all that i have for jaguar health incorporated. Please drop a like if you enjoyed the video or dislike if you didn't either way, you're helping out the youtube algorithm and subscribe to the channel. If you'd like to see more content like this we're currently sitting at 74 subscribers, let's get, i would love to get to 100 by sunday, otherwise uh. That is all i have for you, so merry christmas to everybody out there, and i will see you guys next time: peace,.