just broke outta a double bottom forming a bull flag
jagx short interest falling and volume picking up Good news and great potential
Descending triangle Daily and 4hr hidden bullish divergence on the MACD and RSI Stop = a close below supprt Target = Measured move of the descending tringle
EMA 200 1h - Entry for wave (3). Stop 2.30
This is a long, selling volume is huge. It seems to be respecting the o.5 fibonancci level. Moving in a pennant formation, lower highs, higher lows.
The trent shows squeezing now. Be ready for a jump to 5$
$JAGX looking very tasty. Classic pole with flag. Looking for breakout at any time after consolidation period. Note negative momentum decrease on MACD, look for seller exhaustion to queue breakout to upside. RSI also in uptrend. Where will it stop? Look @ price history and determine profit-taking areas.
Some signs that JAGX may be ready for a move higher. -Volume increased -RSi crossed mid point -Downtrend broken -reclaimed 20ma as support Potential trade above the Fixed range POC @ 3.30
Jagx technical chart looking strong, pretty strong fundamentals as well. No position is this just watching closely
Sorry guys I drew those lines wrong. JAGx had a breakout of this consilidation with outbreak out news. Volume came in and it was confirmed. The target is 5.66 of the breakout but based off the fib levels we have not found support at the .236. Which is 3.44$ if we can find support there, then I will go long. Otherwise I will treat is as weak as usual
Keep eye on this. Breakout above 3.40 with volume and confirmation we got a potentially breakout to 5.66$
sitting at the Vwap waiting to break out ? Lets see what happens today.