$MVIS Blasts +64% Higher After Morpheus Swing Trader Chatroom Call

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The newly launched Morpheus Swing Trader Chatroom provides you with supplemental, income-generating swing trade ideas for the perfect side hustle. In this post, we share a recent stock pick that rocketed +64% higher in just two days.

The Wagner Daily, our flagship stock trading newsletter since 2002, focuses on scoring explosive gains from swing trading a model portfolio of leading growth stocks.

Most stocks listed in the nightly report are trading within 15-20% of their 52-week highs.

The stocks we target typically have great technicals, such as an IBD relative strength rating of 80 or higher (most are 90 or higher).

Fundamentally, we focus on leading stocks with quarterly earnings or sales growth of 30-40% or more.

When a stock makes the cut from our initial scans, we then wait for the stock to provide us with an ideal chart pattern for buy entry, such as a flat base consolidation or cup with handle pattern.

However, the recently launched Morpheus Swing Trader Chatroom provides us with a more dynamic and diverse opportunity to scan for stocks that have unique explosive potential.

In Swing Trader Chatroom (included with The Wagner Daily PRO service), we constantly look for potential buy setups LIVE, throughout each trading day.

One example of this type of trade is our recent chatroom call of Microvision ($MVIS) as a potential buy entry, which subsequently ripped +64% higher over the next two days.

Below is the exact commentary we shared with members:

“Also watching $MVIS for potential swing entry on break of daily downtrend line (above the $17 area). It has a ways to go, but has strong volume in the pre-market.”

Deron Wagner (MTG moderator) on April 22 at 9:21 a.m.

$MVIS blasted through the $17 level the following day and immediately ripped sharply higher.

As shown on the chart below, Microvision zoomed 64% higher in just two sessions before stalling at $28, then reversing lower.

Press the chart to view full-sized image

The Wagner Daily report provides you with a rule-based, end-of-day trading system that is perfect for managing your portfolio with clearly defined risk parameters.

The Wagner Daily PRO version provides you with the nightly swing trading report, along with complete access to Swing Trader Chatroom, for supplemental, income-generating stock trade ideas–the perfect side hustle!

If not for the LIVE chatroom, the massive gain in $MVIS would have been missed.

Moderated by the pro traders at Morpheus, Swing Trader Chatroom is a professional, idea-generating platform focused on swing trades and eliminates the noise of typical “daytrading” chat services.

Get started now to take your trading to the next level and on the path to steadily building your wealth.

Questions? Just drop a line to editors@morpheustrading.com and we’ll help you out.


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Rick

View Comments

  • Fine to call the break to above $17 on MVIS, but the day after the giant up move it reversed sharply lower. After the up move, did chartroom moderators mention the advisability of getting out in one day?

    • Hello Chip,

      Yes, you are correct that $MVIS had a massive pullback after the breakout day, but we always give guidance on stock picks for stop and target prices in the chatroom. We don't just leave subscribers hanging, both when the stocks continue higher AND when they reverse sharply lower.

      I recommend you give it a try for yourself and see if you like it. We're always happy to answer any questions for subscribers as well.

      Regards,
      Deron

  • i am a Wagner daily sub, how does one join PRO ? do you have a trial plan, what is monthly cost? thanks

    • Hello Michael,

      Since you are already an existing Wagner Daily subscriber, we will reach out to you via e-mail with a special offer to upgrade to PRO version and other details.

      Thanks,
      Deron

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