JAGX trade ideas
JagxSorry guys I drew those lines wrong. JAGx had a breakout of this consilidation with outbreak out news. Volume came in and it was confirmed. The target is 5.66 of the breakout but based off the fib levels we have not found support at the .236. Which is 3.44$ if we can find support there, then I will go long. Otherwise I will treat is as weak as usual
Long long JAGXThere is an ascending triangle which just brokeout.
RSI is exiting oversold area in the Daily timeframe.
Currently Trading in the ichimoku cloud area, should wait for exit of the area.
I believe this is Impulse 3 on elliot wave cycle.
Fibonancci retracement first TP is at 5.82
Let me know what you think
JAGX - long - wedge breakoutJaguar Health - Possible wedge breakout
Jaguar Health, Inc. Common Stock, also called Jaguar Health, is a commercial stage pharmaceuticals company, which engages in the development of gastrointestinal products. Its products include Canalevia, Equilevia, and Neonorm. It operates through the Human Health and Animal Health segments. The Human Health segment manufactures human products and the ongoing advertising of Mytesi, 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. The company was founded by Lisa A. Conte on June 6, 2013 and is headquartered in San Francisco, CA.
JAGX IS GOING GREEN FOR $$$As you can see that JAGX is got a cup and handle formation for bullish continuation follow by a bullish pennant uptrend continuation. In addition JAGX halted 3 times Last Friday 01/15/2021
Review Below
NASDAQ TRADE HALT JAGX.O VOLATILITY TRADING PAUSE AT 12:07 PM
NASDAQ TRADE HALT NASDAQ:JAGX VOLATILITY TRADING PAUSE AT 12:07 PM
Jan 14 · Reuters
NASDAQ TRADE HALT JAGX.O VOLATILITY TRADING PAUSE AT 12:01 PM
NASDAQ TRADE HALT NASDAQ:JAGX VOLATILITY TRADING PAUSE AT 12:01 PM
Jan 14 · Reuters
NASDAQ TRADE HALT JAGX.O VOLATILITY TRADING PAUSE AT 11:56 AM
NASDAQ TRADE HALT NASDAQ:JAGX VOLATILITY TRADING PAUSE AT 11:56 AM
The meeting will go over plans for Napo EU, a company expected to become a subsidiary of Jaguar Health in Italy, to merge with a SPAC. The meeting will be presented by SPAC sponsor Andreea Porcelli and Jaguar Health president and CEO Lisa Conte.
Jaguar Health, Inc. is a commercial stage pharmaceuticals company, which engages in the development of gastrointestinal products. Its products include Canalevia, Equilevia, and Neonorm. It operates through the Human Health and Animal Health segments. The Human Health segment manufactures human products and the ongoing advertising of Mytesi, 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.
JAGX Bullish Trade ContinuationHello fellow traders,
If it fits your trading strategy and set up rules, JAGX currently offers great risk-to-reward potential to the upside.
Although the larger context is bullish, the weekly timeframe recently completed its expansion and began its corrective phase while maintaining its recently established value. On the lower timeframes we can see a steady correction which don't show any signs of downward conviction on a higher than intra-day timeframe.
In the event that the higher timeframes continue to their correction, there are great odds for a stronger dip below current value before the probable move upwards.
Let me know if you like the idea with a thumbs up.
Enjoy your day.