The Wagner Daily – $ARRY Stock Up: Reversing Higher After Shakeout

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ARRY daily

The Wagner Daily – September 13, 2022

Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).

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MTG Market Timing Model –  BUY (based on Nasdaq follow-through day on Sept. 9)   

Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&P 500 or Nasdaq Composite.

today’s watchlist along with open and closed positions:

$todays watchlistAdd

position notes:

  • Sold $ARRY (stop triggered).

Commentary:

Stocks continue to push higher with the fourth day in a row of gains in the S&P 500 and Nasdaq Composite. Both indices closed more than 1% above the 20-day ema, which is an additional buy signal.

There are no new setups ahead of Tuesday’s big CPI report at 8:30 am EST.  Click here for more info regarding the report.  

We are monitoring $SWAV for an entry on strength over the downtrend line or on a pullback to the rising 10-week MA.  

SWAV daily

Once again, $ARRY shook out stops below the 20-day ema before reversing higher. The chart remains in good shape and could be back in play over Monday’s high or on a downtrend line break.

ARRY daily

Once the dust settles after the open, if anything catches our eye we will send an intraday alert. 

 Additional stocks we are monitoring for an entry or add: $PRVA $PTCT $SWAV $ENPH $NEE $JKS $NBIX  $STAA  $WOLF  $PCTY 

  • Longs – $ARRY $STAA $ENPH  
  • Shorts – none

See you in the chat room,

Rick 

Start my Wagner Daily membership now to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. The Wagner Daily PRO includes live swing trader room for daily, real-time trade ideas and powerful stock trading education.


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