Shared by
beno
Fundamentals
Float = 34M
Catalysts / News / Painting the picture
-Dec 23 2020: Signs Second Agreement for $6 Million Non-dilutive Financing Transaction Involving the Sale of Royalty Rights Related to Future Mytesi (Crofelemer) and Lechlemer Revenue Stream
Technical Analysis
-SPY pattern: Bear Flag
-Intraday pattern: Runner
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: B grade First Test long of 1.15
Confluence: 3m-JL, VWAP
Strike Zone: 1.3 - 1.15
Sizing (lots + emergency): 2000 - 5000
Risk (stop / Rs): Hold below 1.1
Review / Lessons Learned
A grade trade if price had gone down more, took decent sized position for only a starter. +1R here since risk (adds) was wide.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-04 13:32:22 | JAGX | buy | $1.420 | long |
| 2021-01-04 13:32:22 | JAGX | buy | $1.420 | long |
| 2021-01-04 13:32:22 | JAGX | buy | $1.420 | long |
| 2021-01-04 13:32:22 | JAGX | buy | $1.420 | long |
| 2021-01-04 13:36:52 | JAGX | sell | $1.430 | long |
| 2021-01-04 13:36:52 | JAGX | sell | $1.430 | long |
| 2021-01-04 13:36:52 | JAGX | sell | $1.430 | long |
| 2021-01-04 13:36:52 | JAGX | sell | $1.430 | 0 |
| 2021-01-04 13:48:53 | JAGX | buy | $1.340 | long |
| 2021-01-04 13:48:53 | JAGX | buy | $1.340 | long |
| 2021-01-04 13:49:39 | JAGX | buy | $1.300 | long |
| 2021-01-04 13:49:39 | JAGX | buy | $1.300 | long |
| 2021-01-04 13:49:39 | JAGX | buy | $1.300 | long |
| 2021-01-04 13:49:39 | JAGX | buy | $1.300 | long |
| 2021-01-04 13:54:09 | JAGX | sell | $1.370 | long |
| 2021-01-04 13:54:23 | JAGX | sell | $1.380 | long |
| 2021-01-04 13:55:10 | JAGX | sell | $1.390 | long |
| 2021-01-04 13:55:30 | JAGX | sell | $1.390 | long |
| 2021-01-04 13:55:54 | JAGX | sell | $1.380 | long |
| 2021-01-04 13:55:54 | JAGX | sell | $1.380 | 0 |
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