WHY JAGUAR HEALTH, INC. ($JAGX) SHOULD BE ON YOUR WATCH LIST!

JAGUAR HEALTH, INC. ($JAGX)

 

This one is a very high risk play with two Reverse Splits (R/S) back to back! Short term, the stock looks good if it breaks above $1.25.

In the recent S-1 filing you will find a list of sellers, and this Seeking Alpha article summarizes it briefly for those who don't really understand how to read an S-1 (I only recently learned myself).

On March 2019, I traded this ticker when they were only $0.15. Which by the way, I only knew a FRACTION of what I know now! I have come a long way. Yes I pat myself on the back sometimes... but damn it I work hard & I love this! I tried to explain my play as much as I could at the time on this blog.

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From the SEC S-1: "952 shares are outstanding and (ii) 2,827,000 are shares of Common Stock issuable upon exercise of certain warrants."
Read the S-1 filing here.
 
Moving forward, 1.25 will be the key area to look out for next week!

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Technical Analysis 5 Day 30 Minute Time Frame
I could personally tell you a very bullish move would be if this opens up on Monday (9/30/19) and pushes above 1.25 with big buyers coming in.

Bearish Scenario: No volume on Monday, opens up at 1.20 or lower.
IF it does test 1.25 and fail, Shorts will load up and cause an over reaction to drive the price below 1.10. This would confirm the bearish downtrend.

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My favorite saying: I like the turds cheap ;-)

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Technical Analysis 20 Day 1 Hour Time Frame
The week doesn't even look good for a swing, and even risky going short!
*Trade with a PLAN!*

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For full disclosure, I do not hold a position only my opinion.

Enjoy my content & work full-time? Want a community to LEARN & GROW? Join the discord here. I will always try my best to answer questions. SQUAD!

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GOOD LUCK! Whether you're short or long (that's what she said). I want you to protect your money and trade with a plan! Please share any profits made to confirm my ideas are working, thank you.

P.S.,
Don't laugh about my crappy paint-job on the thumbnail lol.

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DISCLAIMER: Please note that I do not ask for any information. I always encourage people to trade ONLY what you understand and never based on anyone's opinion. My posts are for educational purposes only. The stock market is known to make people bag holders, get a head of the whales and always do your DUE DILIGENCE!

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