I made 220% profit on Jaguar Health, Inc. (JAGX). Heres HOW
Hey all! I am going to go into detail on how I found JAGX, and why I decided to go all-in.
JAGX already popped out to me because for starters there was a major sell off, and I love cheap stocks. This baby was trading at $0.15! JAGX was bouncing off a new 52-week low, and progressively making higher highs, with no PR on the catalyst as seen below:
- I recommend this website to any beginning bio trader: BioPharmCatalyst
- I like how this chart was forming and there seemed to be good support @ $0.14, with $0.17 being the resistance.
At the time I discovered this I noticed a lot of buys coming in @ $0.15, where you can see towards the end there on 03/14 (when I purchased).
JAGX movement on Monday 03/18/2019:
Even though I was up 200%+, I did not want to sell because there was room for it to break the wall @ .49/.50… so I held overnight.
P/L on Monday's close:
- JAGX movement on Tuesday 03/19/2019: SWING TRADE #1
- SWING TRADE #2 + 3:
I did 3 Trades on $JAGX:
- Sold half of my shares for 105% profit
- Bought 15% more shares on the dip @ .36
- Sold all shares @ .4361 when I noticed there was no hope for the stock.
Return on Investment (ROI): 220%!
Trade swings made: 3
Days held: 3
ON TO THE NEXT! 😊Disclaimer: I am not a financial advisor. I am just sharing what I see potential in. Hope you make profits! Don't get greedy :-)