What is up, everybody welcome to trey's trades, where we get technical analysis and different stocks of the stock market, as well as potential buy, hold or sell opinions on these given stocks. I like the premise 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 thirty thousand dollars deep into 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 am 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 can pass along any of the information resources or tools that are given to me, make the community a little bit better off than it was before.

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Some diet. Do uh they will have access to the private discord as well as real-time insight to my personal trading. If you're interested in joining there is a link in the description box down below now we're going to be giving an update on ticker symbol, j-a-g-x jaguar health incorporated. I brought this to everybody's radar um.

It probably would have been about four or five days ago back when it was about 80 cents uh, and we made a killing off this guys. So we got one two three, four five. We got in right around here right and if you got in when i gave you a price alert and said hey, if you buy this between 80 cents to a buck, you're gon na make off like a like a bandit, uh you're, doing you're doing real nice Right now, if you're still holding that will be transparent and i'll show you that i do have a position in jag x, uh. I got in at a dollar and 13 cents with 900 shares, and i am currently sitting up 253 and 2 500.

So um it's been a beautiful stock and it's not quite dried up. Yet, there's still more to come, so we're going to talk about what we should be expecting on monday, as well as how to prepare for the next trading day uh, when you should, when you should sell out of the stock as a swing or day trader, unless You're a mid to long-term investor, in which case you know you do what you want to do, but um i presented this as a dairy swing trade, so that is how i'm going to close it off. As so, we'll look at some different indicators here. I've got support and resistance levels marked.

I've got some different uh. Some different patterns that we're seeing on the charts that we'll talk about i've got the rsi indicator pulled up the relative strength index. Anything over 70's ever bought. Anything under 30 is oversold.

I do have the 200 period ema, the exponential moving average pulled up, and this is a 200-day average trendline valuation on the price action over 200 day period, and then we have the 20 day vomit the volume adjusted moving average, which is a 20 day volume, adjusted Trend line that just takes into consideration how much volume the stock is seeing and then we'll talk about a different couple. Different contact points, look at this from a macroscopic and a microscopic point of view and discuss the overall volume that we're looking at on the stock. But if you are not familiar with what uh jag x is we'll just give you a quick rundown uh if you're new to the channel jaguar health is a commercial stage pharmaceuticals company which engages in the development of gastrointestinal products. Its products include canelovia, equellavia and neonorm.

It operates with human health and animal health segments. The human health segment manufactures human products in the ongoing advertising of my testing, which is used for the symptomatic relief of non-infectious diarrhea in adults with hiv or aids on antiretroviral therapy. So this is one of the biopharmaceutical companies that have been popping off like like nuts um, and let me tell you what biopharmaceutical companies right now are so freaking hot. I laughed pretty hard, there was uh, i think his name was peter peter.

One of my subscribers commented on one of my videos and said i got ta wear welding gloves because the the biopharmaceutical companies and the sectors are so hot right now and that made me laugh. I i actually laughed out loud reading that so peter congrats congrats man, that was some good stuff. You deserve 500 000 likes on that on that comment, another thing to note for monday now this is why i'm holding this as a swing trade - and this is the reason, if you're not familiar with why the stock is running up, and this is right here so Jagex conference monday to announce cancer treatments and hiv culver diarrhea medication and there's also talks of this getting merged with a spec which should turn this into a pretty large runner. I don't know if i quite believe 10, but i do believe that a price upgrade is due on this stock.

I had said you know, i think this is going to hit five dollars and i am going to raise the stakes there and we'll get into that. Once we get back to the charts, but just uh just so you know we do have the monday uh as the timeline on the conference. Now i haven't seen any exact dates. I've been googling and i've been looking as much as i can there's nothing up on their website um.

Regarding the time that the conference is all that i know, is, it is on monday. So what to be watching for on the charts, so that you know when to get out is going to be a huge pullback right, um so similar to probably something like uh. Something like this large pullback or like this huge pullback right. I don't know how harsh the correction is going to be.

You know, historically speaking, if we look here, you can see that the rsi indicator tends to hold up pretty well when we have some really steep purchasing, you know correcting to the high 30s or low 40s, and it seems to do that here seems to do that Here so it should hold up pretty well just historically speaking, looking at the trends, but you should see a pretty large pullback and i'm talking, like you, know three dollars down to almost two dollars, except this time it's gon na be maybe we hit six dollars, we're Pulling back to 450. um you're gon na want to get out when that's when that's happening, lock in profits, right um and i will update, as i do know, what's happening on monday with the stock. But with that being said, let's just take a look at the technicals uh and we'll give you more information as it does come in, but that is that is the current date on the webinar is monday. I do not know the time if anybody does know the time they can drop in the comment section, and that does help out the community immensely.

I do thank you a lot, but i can't find the exact time on the internet, so we do currently have support at dollar 29, which seems completely obsolete at this point, but we'll mark it. Anyways 1.64 cents followed by 1.91 cents, and then we do have another support line at 212, 250, 299 and 315 and uh. We are currently trading just under four dollars. We did touch four dollars and uh 44 or 45 cents here, oh man, that is so filthy guys, oh man, i just i just feel like what's happening in the market.

Right now, is very uh atypical. You don't usually see runners like this, where they're going up three four five hundred percent in a matter of five days and we've been able to get in on a couple of them guys. So, pat yourself on the back and and uh pop a couple. Whiskey bottles in the in the comments section, if you're, if you're feeling good about money this week, um yeah.

So these are the current levels of support. Uh overlying theme of resistance is going to be right around here sitting at four dollars and forty five cents rsi indicator, as we discussed, is looking pretty good. The it's overbought at the moment, just a hair under 70. uh.

The corrections aren't typically too harsh. However, i do anticipate monday. We are going to remain in overbought territory, just based on what we know is coming the upcoming news, catalyst um. It's it's probably going to be looking very similar to what we see here right, so just expect that the 200 ema and the 20 day vama.

We do have a contact point right here between the two and anytime that we do have this contact point between the vama and the 200 period. Ema and the vomit comes out on top. That is extremely bullish indicator. And if you had gotten in right here right when that happened at 41 cents and you wrote it all the way until now, i don't know what i think: that's a 1 000 increase, so uh you'd be sitting very, very nice right now at four dollars, um.

So that's a huge bullish indicator that we're looking for right and the larger the gap between the 200 ema and the 20 period. Vomit, the better off this stock is looking and it's looking really solid right now, we've got a huge gap up between the the ema and the 200 period volume adjusted moving average. So that's looking nice, the volume is picking up every single day. It's gaining traction.

It's doing absolutely filthy numbers right now and i don't even think that's anything compared to what we're going to see on monday guys because look at this when we thought the merger was going to happen on this day right, this would have been uh. This is friday, thursday, wednesday, tuesday monday. There was a rumors of this happening on monday or tuesday and when they announced that they weren't going to be doing it. On that specific day, the volume dropped people sold out and look at this climbing back up very slowly monday is the next merger day and the volume is going to approach various very similar levels, i think so be watching for that, with the increase in volume is Going to come an increase in extreme volatility um, so it's risky, if you, if you're not already in this play - and you get in now - that is extreme chasing i'm not going to deter you.

You don't make your own financial decisions, but just know that um you are playing in a very hot kitchen. That's uh! It's going to be easy to get burned so make sure that you're try and get in on a pullback. If you can make sure you have a stop loss set, if you're, if you uh, if you buy in you, know too late on the day in monday and um just be very careful, i just don't want you guys getting burned. So we do have a couple of very bullish indicators that i wanted to point out to you.

We do have a pretty nice looking bullish flag, you can see right here. We've got a pole right. This huge long run up right here is the pole connecting to the flag. Then this right here, the high point, the low point forming a nice looking bullish flag evening out really really nice and you can see when this did play out what it does.

Is it tightens up that price action and when the price action tightens up and breaks over this trend line, explosive movements happen and look guys that exact same thing is playing out again? Doesn't this look familiar? Doesn't this look familiar? Doesn't this look familiar? It's the same thing: i'm telling you i'm telling you the same thing's gon na happen. We've got the flag pole right here, the tightening up the the wind up and then we've got the flag right, we're tightening up that price action, the zone's getting smaller and smaller. We're compressing, there's buying pressure, extreme amount of buying pressure, and it's only a matter of time until that passes over this trend line, and when it goes over that trend line guys, this is going to explode. This is gon na absolutely blow up.

I previously had a price target of five dollars on this, but we nearly touched five dollars on friday. I would not be surprised whatsoever to see six to seven dollars on jag x at some point in the day on monday, especially if that merger is announced guys. The amount of fomo and hype is going to be so unreal. I'm telling you right now: people are going to see that there was a merger or a spec.

You know that is that is in the talks that that did get passed. They're gon na look at the stock they're gon na see it's run up over one thousand percent in you know two weeks and they're gon na say: oh man i missed out, but i want to get in anyways and bam bam bam, bam. It's gon na. It's gon na roll, so i'm very excited to see where this is gon na go.

Of course, i we are currently sitting very nice at trey's trades and if you guys did get into 80 cents, like i recommended uh you're up even better margin than i am. I got a little bit late at dollar 13, but i'm uh we're sitting really nice. Some of you guys are up over 300 right now and if it doesn't hit five or six dollars, you know we've got nothing to complain about whatsoever, nothing at all. So um! That's just the current price uh target that i have for this as far as day or swing trading goes uh.

You know i would not go against the grain here. You are going to be. You are going to be playing with fire per se, but we do have support sitting at 345, 381 and then current resistance levels at 419 and 445.. I think your best bet for a day or a swing trade on this is going to be looking for a pullback into that 381 to 345 range uh.

I find it unlikely that you're gon na see some price action in there on monday. I think the pre-market's going to be pretty hot and uh you're, probably going to see a pretty steep climb already on monday, because people are going to hop into this thing like you would not believe the volume is going to be insane. The the hype is going to be insane, but if you can get into this anywhere on 381 or honestly under four dollars, i do think you're going to make up pretty well, but just be warned that this is risky and penny stocks can tank at any time. Right right, it's uh jagex did state publicly that they aren't.

You know considering a uh an offering a share offering so they're just something to keep in the back of your mind. But there are times when companies will say: hey we're, not gon na. Do a share offering you know when the stock is a dollar and then the stock reaches five dollars and all of a sudden they're doing a share offering so just make sure that you're careful um, i know that they publicly stated they're not going to, but i Just want you guys to know the risks that are involved with playing with a penny stock, so uh hopping in around 381 you'd be sitting pretty well uh. I think we're gon na surpass this 445 very easily.

Like i said, i can see this hitting six or seven dollars by the end of the day on monday or whenever that that conference, in which they announce their merger is announced. Um, you hear what i'm doing is buying the hype and selling the news. So once i hear the news is out, i am going to watch the stock very closely and i'm going to look for a pullback and when that pullback happens, i'm done i'm going to ride the i'm going to ride the wave all the way up and then I'm just going to get out so um. That is what i have on the update for jegx.

I hope that answered any questions you guys have on how to play this. Like i said, if you're swing trading this with me and you got in around 80 cents to a dollar monday, is the last day that i plan on holding this, and i would recommend that if you are a day or swing trader, not a mid long term. Investor that you do the same so monday is the day i'm getting out and we'll look at this again in the future when we do have a hard merger date. You know this is, you know possible to play off as a mid to long-term investment when we do have that merger date out, so we might look at this again in the future.

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My friends and i will see you all next time. Peace.