What is up everybody good morning from uh minnesota here in the united states? I was working uh. I woke up at about three o'clock this morning i was just so excited to get to the market get back to it. Make some money have a good time and uh we're just gon na get right into this, so welcome to trey's 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'd like to preface by saying that i'm 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 thirty thousand dollars deep in some medical debt, and i was very fortunate to have some close family friends and mentors that pushed me to work hard to invest my money 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 and guys i got my undergraduate in nutrition, so i'm telling you anybody can learn how to do this uh. Lastly, if you wouldn't mind dropping 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 single day now today we're going to give you an update on both jagx and ticker symbol, pte uh, we're gon na give you the rundown on both of these, but we're gon na spend the most time on jag x. I will be completely transparent and tell you that i sold out of both of my positions, as you can see here.

I'm currently holding zone ship, mvis, fuel cell and apxt and uh just want to give a quick shout out to the guys over the patreon. Before we get going, we didn't have some new members joining us uh. Looking at 171, total tj lamar aaron, drake tim nathan, louis germ german billy ibrahim manu jacob. Thank you guys so much for joining the support really does mean a lot to me.

They will have access to the private discord where we talk about all things, trading and different trading strategies, as well as a real-time insight to my personal trading now watch for the spam account. This is not me, you'll know it's not me because it doesn't have that great box around his name. Don't buy his crap. Don't call that number report it if you can that'd be absolutely phenomenal, so um there's a quick update on jagx.

You know i did sell out of the stock on monday. I don't know if i'm personally going to take another position in this. You know, i feel pretty good about about the profits that i turn, but just to give you guys as much information as i can and help the community as much as i can. I will give you an update on what to expect on jagex in the future.

Um, so let's just take a quick look at what they are in case you aren't familiar: they are commercial stage pharmaceuticals company which engages in the development of gastrointestinal products. Its products include canelova, equilibria and neonorm. It operates for the human health and animal health segments. The human health segment manufactures human products in the ongoing advertising of mitesi, which is used for the symptomatic relief of non-infectious diarrhea in adults with hiv aids on antiretroviral therapy, the animal health segment, commercializes, prescription and non-prescription products for companion and production, animals and they're down.

On message, volume, quite a bit sentiment, is down prices down still about the same amount of followers on the stock, but the reason for this very sharp decline - if you were not familiar, this article was posted on january 11th - is uh is right here, so jaguar health Exploring possibility of conditional marketing authorization for proposed inflammatory, diarrhea indication for uh cry? I don't know how to say that crop lumber, uh, i'm probably gon na get toast in the comment section, but initially in long haul, cover 19 recovery patients in europe and then also the investor webcast scheduled for thursday january 14th. At 11 30 a.m. Eastern time. So we did see that pretty steep decline because of the pushing of the webinar to thursday.

However, i do think you will likely see another run-up on the stock and i will leave a link to that uh that article in the description box, if you'd like to check it out but um. I anticipate that leading into thursday, we'll probably see a pretty nice bounce back and retest these five dollar levels and if that's back merger, you know rumor that we've that we've been hearing about does come to fruition. I would not still be surprised to see a solid run up on jagex, so uh. You know just saying it.

How i see it, it does look like there's still potential in this stock. I will not personally be taking a position, but don't let that deter you as i do see you know good potential here with the company. I just uh personally feel very good about the profits that i locked in on this. You know if we, if we do come to uh my close positions here we take a look at jagx.

I made uh 2744. and uh a pretty solid uh return of about 260 270 on that. So i'm very happy locking that in i'm going to completely walk away, you don't get that opportunity very often that trace trades. We call that hitting a grand slam and uh.

I i'm just going to leave that for what it is and move on to the the bigger and better things, but jagex is looking very uh very solid right now i mean we are coming back down um. It is bearish territory right, the uh, the volume adjusted moving average is currently still trading over the 200 ema. So that is something to keep in mind. This is overall macroscopically still bullish territory and if we see this cross back under the 200 ema, that's something to keep in the back of your mind.

So when i brought this to you guys attention to 80 cents, i did so because i saw a spike in volume and because i saw the crossover on the vama over the 200 ema. The vomit is a 20 day valuation average trend line based on volume. It takes into consideration the 200 ema. The exponential moving average is a 200-day moving average valuation trend line that just takes the average price action over 200-day moving period and anytime, you see the vomit crossover 200 ema.

That is really bullish. Sign, that's bullish, confirmation anytime! It crosses under that's extreme bearish confirmation. So if we look at this on a two-day chart, i anticipate that you're going to see a crossover on the vomit back under the 200 ema yeah. We did sure have it so uh.

It's either been underneath or hugging the line there and it's uh. That's that's a very bearish sign, so it's kind of a mixed bag. You know macroscopically speaking, we are, we are still bullish, but uh microscopically we are, we are approaching bearish territory. It's not the end of the world.

Yet right we did have a pretty harsh correction, but it can definitely still bounce. I mean what comes to mind right off. The bat for me is bngl. The ngo did the exact same thing and if it gets that same bounce off the 200 ema like we see here, you could see a nice nice rebound back up.

I mean these guys look like they're they're. Definitely approaching that seven dollar uh, seven dollar valuation again and jagx definitely has the potential to do that. So just keep that in the back of your mind, uh, we may see a red day. We might not.

I anticipate that leading into thursday, you will likely see you know some more anticipation, some more momentum, some more hype, the volume will probably increase again the rsi indicator. This is a harsh correction guys this is this is this is pretty rough? I think this oversold territory you're going to see a nice bounce back up to 70.. So that's currently how we're looking right now i'd look for an entry point potentially around this previous level of support at 299, if you're looking to get back into this stock. The previous level of resistance acting as a level of support, this does look like a solid entry and we are pretty rapidly approaching.

But if we do not hit, that 315 would also be a solid entry point. You may have a little bit of red in your portfolio today, but i do anticipate that leading into thursday it will. It will rebound pretty nicely. So that's the update that i've got for you on jag x, we're going to cover pte, really quick, and i did close my position on a pce today.

I'll show you that if it does pop up it might not, because i did it in the after hours or the the pre-market, i suppose closed positions pte. So i did make a 469 profit on this uh i was up about. I think it'd be i'm not sure what that math comes out to, but about 15 or so maybe a hair under i'm very happy with that. You know there was.

There was possibly more on the table for me with uh with pte, but i cannot complain whatsoever with uh with profit right, like i've said in my previous videos, i'm all about nickel and diming, adding a little bit here, adding a little bit there and slowly building Out your portfolio, so you know i did sell to pte at a dollar cost uh for for about a buck 18.. I bought it at 103 and this conference that they were presenting at the hc wainwright biotech conference. They did present on monday and you can see that pretty harsh price action happening right here on pte uh, we formed a bullish flag. However, we broke the the trend line down and uh.

We did not hold on to that price. So that leads me to believe that the people that came into this were not investors. They were traders. Whenever you see this really harsh price correction, we did come from 80 all the way down to 40 in a very short period of time that that indicates to me the psychology of what's happening here.

Is it's not investors coming to the to the plates? It's traders, so, if you're holding a position in the stock currently and you bought it into that dollar range, you know i personally took profits, i'm just saying it how it is you can do exactly or whatever you want to do right, i'm not going to deter You if you want to hold, but i played this as a swing trade - i presented it as a swing trade and if you made profits, i would highly consider taking them at this point and to be honest, um, a mistake that i made was not taking profits When it was up here at buck 80 right, this is uh just to be completely transparent. I got deterred by this this price target that other people had said of three bucks. I thought oh wow we're almost at two dollars already. I think three bucks is doable and that's a mistake.

Don't make that same mistake that i made right. I i left profits on the table and that's something that i'm always preaching you guys not to do so um. This is a this could be a learning point for all of us right. We still made money on this.

If you got in under a buck like i, like, i brought up to you all um, you should still be sitting nice. You shouldn't be red whatsoever. If you didn't chase this stock, but always take profits right, even if uh, even if there is opportunity for more um if you're up 50, 60, 70 80 and there's no upcoming news catalyst to keep pushing that price up, i take it. Take it every single time.

I i really wish that i would have um that's and that's why i'm telling you guys right now is because every day in the market, there's a learning point right and for me that was a learning point with pte is uh. You don't take you you take. What's on the table, you can't get greedy right, we're doing a business, we're not gambling we're here to stack good days day after day after day and slowly build our portfolios. So um, if you are currently holding a position like i said, i would consider taking profits unless you view this as a mid to long term hold.

You know, that's a different thing. I presented this as a swing trade opportunity um, but if you're in this room in the long-term hold that's a different situation, however, if you did swing trade this, i would consider taking profits if you are still up, if you didn't chase, if you're down a little Bit i'd consider either cutting your losses or dollar cost averaging down, but i prefer to take my losses and move my money where it can do more good for me. So that's completely up to you. You guys make your own decisions.

If you would like to hold the stock, i do have these uh levels written off for you at about a buck: twenty five, a dollar, thirty, nine, a dollar fifty as current resistance and then 1.95. We could just call this two dollars as a level of resistance. At the very top, so if you see a retest of these levels, i'll just keep that in the back of your mind, the volume is dropping quite a bit. You know compared to the last two days of uh, you know pre-market and after market hours it's very uh, very, very shy of of uh the volume we've been seeing, so the volatility isn't really quite going to be there.

That's kind of how we're looking right now. So just keep that in the back of your mind, if you are trading this stock, the movement is going to be slower, you're less likely to see a run up without that overall overlying volume that we've seen before. So that is the update on both jag x and pte. As i said, i do not have position either of these stocks, so i'm being completely unbiased, i'm just presenting it to you, how i see it um.

I hope that that was helpful if that, if the information helped you please let me know, it really does mean a lot to me. Uh drop a like on the video. If you could, 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 single day and lastly, i do have an affiliate link in the description box for tubebuddy. Now tubebuddy is an seo.

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That's totally fine. I'm just glad to have your support by taking the time to watch my videos, so thank you for watching today. My friends and i will see you all next time: peace.