This is the short-term play. JAGX is a nice breakout after 4 touches the trendline and trading at $1.75.
My prediction in the short term is that JAGX would reach $2.65 next week (around 50% gain), set STOP LOSS below $1.58 (around 10% loss).
Trading with a small amount (less than $5000)....
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NASDAQ:JAGX
Possible Scenario: LONG
Evidence: Price Action
Call options, Strike 2.5$, 05/21/21
*It's ready to fly.
This is my idea and could be wrong 100%,
Jagx bottoming out at the 1.19 area. The number 18 (+/- 2), in general is significant for JAGX. Curious to see if it holds or continues down to 1.08 (+/- 2). If all things remain the same and bounces from here-I have an launch point out of the pyramid at 1.43 ( another significant number)- then the rebirth begins. The upper box clearly was rejected at 3.34...
Jaguar Health, Inc., a commercial stage pharmaceuticals company, focuses on developing prescription medicines for people and animals with GI distress, specifically chronic, debilitating diarrhea. It operates through two reportable segments, Human Health and Animal Health. The company, through its subsidiary, Napo Pharmaceuticals, Inc., focuses on developing and...
The weekly chart looks like a textbook Primary W1 to W2 setup, with a hollow green candle last week from the previous weeks low. The primary wave 3 target here is $8.29, with a final Wave 5 target of $10.46.
The weekly RSI is curving up, hoever the momentum has been falling and the stoch RSI is still trending downward, so we could see a slight dip if the overall...
