What is up everybody good morning from minnesota here in the united states? I got up about three o'clock this morning, just doing some scans uh getting ready for the day and uh man ready for another beautiful day in the market. It's already wednesday time flies. Welcome to trader trades, 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 premise by saying that i'm not a financial advisor nor expert so take what i say with a Grain of salt. The reason that i started this channel is because a couple years back, i was about 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 and invest my money and i'm happy To say that not only am i not financially free man, i need some something to drink, but i'm also doing pretty well for myself at the age of 23.

So if i can pass along the information, resources or tools that are given to me, make the community here a little bit better out than it was before. That's all that i can ask for. Lastly, if you wouldn't mind dropping like on the video, it really does help support the channel and consider subscribing if you like, to see more content like this now quick shout out to the guys over the patreon we didn't have quite a few people join us in The last 24 hours here up to 225 members milton kele ek, jake, jake, yad keith, philip patrick nikki, kevin uh chushu. Thank you.

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 and then uh watch out for the scammer. This is not me, you'll know it's not me because it doesn't have that great box around his name report. Him don't buy his crap, don't call that number and you'll be good to go so we're gon na be giving a quick update on x.

I have covered this stock quite a bit in the past, if you're new to the channel um. This is a play that we hit an absolute grand slam on uh. We we got in at around 80 cents, some of us a little bit sooner than that even and i wrote this out up until about four dollars and twenty cents i'll pull up. My closed position just to be completely transparent and we can know the exact number four dollars and seventeen cents locked in about twenty seven hundred dollars a profit and uh.

We rocked it pretty well and i'm looking at this for a re-entry leading into thursday, and that is why i wanted to bring this to your guys's attention so that you could potentially swing this trade as well and turn around a pretty solid profit. So we're gon na be covering this from a macroscopic point of view, a microscopic point of view. We'll talk about a bunch of different things here, the overall volume, the rsi indicator. I've got the 200 ema and the 15-day vomit pulled up.

The ema is a 200-day exponential moving average or just an average valuation trend line based on price action, and then the 15-day vomit is also a price action trend line that takes into consideration volume and adjusts the trend line accordingly. Over a 15 day period, rsi indicator the relative strength index. Anything over 70 is being overbought anything under 30. Oversold we'll talk about that.

We will look at some different formations that i'm seeing here on the charts and then we'll look at this from a one day. One minute perspective, but if you're new to the channel or not familiar with jagex, we'll just run you through what they are really quick. Jaguar health is a commercial stage pharmaceuticals company which engages in the development of gastrointestinal products. Its products include cannellvia equality and neo-norm.

It operates with human health and animal health segments, the human health segment manufactures human products and the ongoing advertising of my testy, which is used for the symptomatic relief of non-infectious diarrhea in adults with hiv or aids on antiretroviral therapy um. You know if we look at them on j on stock twits. The message volume is down. Sentiment is up, the price is down a little bit, but the reason that i see this you know starting to ramp back up again, is because leading into thursday, which is their rescheduled date for their webinar.

I do anticipate some more um, some more hype. Some more momentum, some more buying pressure in expectation that on thursday they are likely to announce a merger with another company. Now i do have an article pulled up that i will read to you real, quick, or at least just a touch on this was posted on january 12, yesterday at 6 15 pm and let's just take a quick look, don't try to tame jaguar health stock as It rips higher and this could influence different buyer. You know opinions on the stock, so, let's just take a quick, read: plant-based prescription, medicine developer, jaguar health wasn't a common topic of conversation prior to december 2020.

However, breathtaking price moves have recently put jagex stock in the limelight, practically forcing healthcare sectors, uh sector traders to take notice, uh jagex stock. At a glance on the afternoon of january 8th, it was up more than 40 and approaching the 4 area. The trading volume for the day was above 250 million shares more than five times the usual daily volume for this stock. Uh they're looking pretty solid right now and then noting the spec angle.

Plant-Based medicine is still a new and exciting idea. That's coming to fruition within innovators, like maple pharmaceuticals in 2020 and 2021, innovative companies have often considered using special purpose acquisition companies or spec to go public. If naples, pharmaceuticals gets to a major stock exchange to respect that could be big news for the plant-based medicine market. So that's currently you know this could uh.

This could affect the jag x stock price. On the day. You know we will wait and see, but we are up a little bit right now in the pre-market uh looking pretty decent. I i assume uh, you know four or five percent or so, and i will be looking at an entry point right around this 315 mark.

If we do see it and if not, we do have another level of support right around here at 3.38 cents and we are currently trading at about 372. So we may see the pullback we might not. But i do anticipate that we're going to retest that five dollar mark uh leading into thursday and then, if the the merger is announced, i think we'll be able to push through that pretty easily. So this could, i could see it very easily, doubling up to six or seven dollars and being a pretty heavy hitter.

It could be another grand slam hit. I mean if you bought it at 338 and it sold at seven bucks if it did reach. I'm not telling you to wait for that number right. Take profits whenever you feel comfortable, but if we did enter a 350 and sell at seven that's a 100 margin of return.

That's an absolute grand slam once again and jagx would be looking very, very nice. So, let's just take a look at the the indicators here: everything on the charts, so the rsi - we are approaching uh 70 right now in the pre market, so it is looking extremely bullish. It does appear that there's some buying pressure and this big red candle right here is very indicative to me. Look at that long wick on the candle that indicates weak selling pressure a lot of buying pressure.

The green candles look very nice right now. We do still have a large gap between the 200 ema and the 15 day vomit, and whenever you see this crossover on the vomit over the 200 ema there's a very bullish indicator and we did see this come to fruition as it did continue to climb and Climb and climb, and we did see a pullback and, like i said i did get out at 4.20 or so i locked in my profits, but i am considering re-entering, and i know in my video yesterday that i had said you know i might just be content. Um, locking in my profits and moving away from this, you know seeing bigger and better things, but you know i re-evaluated a little bit. I did a little more uh reading into on into thursday's webinar, and you know i feel pretty good about uh jag x, leading into the day, so i will be looking for a re-entry around three dollars and fifteen cents uh, if, if possible, otherwise this uh.

This three dollar and fifty cent forty cent mark right here doesn't look too bad. This does look very possible looking at the volume from yesterday it was down which is to be expected after they moved their webinar to thursday. However, like i said, i do anticipate that we'll see some more hype and some more traction leading into thursday, which is tomorrow january 14th. So if this does come to fruition and the merger is announced, they do not reschedule the webinar um.

I would anticipate a very solid push for that five dollar resistance line and you might be asking trey when should i take profits right? Well, i'm a really big believer and buy the hype, sell the news, so you can play this out two ways. When i sold out my stock, i sold it out the morning of the webinar right um. What was supposed to be the webinar on monday - and i did so because i saw the stock price uh starting to to to drop and when the stock price is dropping, like that on the day of the webinar. That usually means that some sort of news has come out if you're expecting news catalyst right, it should just keep climbing and climbing and climbing as buyers anticipate as buyers collect the hype right buy the hype sell the news.

So if you see a price action that is not indicative of oh man, this is a lot of hype here right, it's probably because the hype is gone and you just need to pay attention to the price action you know if, on thursday morning, you're looking at This in the pre-market - and it's still looking very green still looking like a lot of buying pressure, you can hold your position and then once the news comes out or right before the news is supposed to come out, you know you can sell your position, take profits And walk away a pretty happy guy, so i'm a big believer and buy the hype, sell the news don't get caught, holding the bag on jag x. I would really really highly consider taking profits if you're. Looking this as a swing trade on the day of the webinar, i think you'll be sitting very nicely off um, so just take that into consideration with your jag x uh. You know your jagex trade, so i'm looking for an entry right around 340 or 315., a potential exit point.

You know if we do push through five dollars, i think six or seven is very possible. However, i will take whatever the stock gives me. I am a big fan of nickel and diming i'll show you my closed positions in the past. You know bngo.

We did very well but idex. You know that was a that was a nickel and dime kind of play. Pte, a nickel and dime kind of play right. I didn't hit absolute crazy margins on those couple days, swings and you're, not always going to um.

You know this jagex thing. This is unusual. That doesn't usually happen, so you got to take what you can get sometimes, and i mean if you, if you're still holding your position from 80 cents you're looking beautiful anyways, you really uh. You really can't be disappointed whatsoever with the price action on this, but um just make sure that you're locking in profits rsi indicator is approaching over bot, which is a good thing.

If you are riding riding the wave right now, i will be looking for a pullback to take a position in the stock. Currently we do have some nice looking uh bullish formations. We did have this bullish flag back here, uh from january 4th up until january 7th, and then we did have a nice little pole here and then you could actually draw this up as another bullish flag. If we, if we really wanted to um, looking something like this, we've got one uh one part of the flag there.

Another part of the flag here drops down looking very, very nice and i'll fill this in with a triangle just to make this extremely apparent to you. Looking right around here expand this out and you are looking very nicely at a just about picture: perfect bullish, flag formation, so that looks that looks very nice and if we do condensed uh nicely and fill in this price action here, you know i break above that Trend line, i would expect some pretty harsh movements and we are actually approaching it pretty steadily right now in the pre-market. So i would expect this to be a green day on jagx, so just keep that in the back of your mind, um we'll have to push through a couple levels of resistance. First uh we're looking at right around here at about four just under four dollars.

About 392 395., if we can't push through that, i think 450 is gon na, be the next logical level followed by five dollars. So that's currently how we're looking right now, the price action just changes to a two day. One minute chart really quick. Take a look at this see what we're seeing and uh it's looking looking like a consolidation day.

You know most of the price action here. Most of the selloff did happen in the pre-market yesterday and we were actually up. I think, at the end of the day, compared to where we opened at the beginning of the day, so you know this isn't necessarily super bearish territory. It was.

It was a solid consolidation day which can actually be a great confirmation to buyers that hey this. This might actually be in a pretty solid position right now and then just looking at this right now on the one day one minute chart, we do have a wedge formation forming inside of this bullish flag. So we do have double confirmation on uh on pretty solid price action and then yesterday we did have a crossover on the vama over the 200 ema and we have kept that gap leading into the pre-market. So this is looking extremely extremely bullish at the given moment.

The rsi indicator is trading about neutral on the one day. One minute chart not the end of the world - nothing crazy here, but it does look promising and i do see a lot of potential leading into thursday's webinar. I do think i will be retaking a position in the stock. I will be completely transparent.

I do not currently have a position in the stock. I am an apxc fuel cell mpis, ship and zone, and i will likely be selling out of either zone or ship. Today, it will depend a lot on the price action that we see uh here in the pre-market. If i see them continue their bullish run.

You know if ship closes above a dollar that'll be another video, but if ship closes above a dollar, i will likely hold it another day and see if we can retest uh some higher levels, but that's currently how we're looking right now. So that is the update that i've got for you guys on jagex. 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 and lastly, i do have an affiliate link in the description box for tubebuddy now tubebuddy is an seo optimization website that i personally pay a nine dollar per month.

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