The Wagner Daily – Nasdaq Reverses to Close Sharply Higher

Enjoy this post? Share the love.

$GFS daily

The Wagner Daily – March 30, 2022

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

Subscribe now for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record.

Just drop us a comment with any questions or comments–we’d love to hear from you!

MTG Market Timing Model –  BUY as of 3/16 close

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 (potential trade entries):

$todays watchlist
open positions:

$open positions

closed positions:

$closed positions

position notes:

  • Stopped out of $SEDG and the add in $GFS. Note that we canceled the $SEDG buy stop to add.


Nasdaq Composite fought off some morning weakness and closed with a solid +1.8% gain on higher volume. Let’s see how the Nasdaq deals with resistance form the prior high and 200-day MA just above. Conditions are improving with both indexes (Nasdaq Composite & S&P 500) in lockout rally mode.

There are two new setups for Wednesday’s session.

First up is an add to $GFS over Tuesday’s high. $GFS closed with a bullish reversal candle after wiping out stops below the swing low. Our entry is over Tuesday’s high.

IBD numbers – RS 96, Comp 95, Acc/Dist A-, group rank 62 of 197

$GFS daily
Press chart to enlarge

$AOSL has tightened up the past few days on light volume and is in play over the two-day high.

IBD numbers – RS 98, Comp 98, Acc/Dist B+, group rank 45 of 197

$aosl daily
Press chart to enlarge

Unofficial Setups – For experienced traders only, no guidance is given for these setups.

  •  Longs – $MP 55.01, $AMR 130.80, $BRCC 20.30, $GFI 15.40
  • Shorts – 

Press HERE (link restricted to paid members) to view this week’s stock watchlist, an excellent starting point for monitoring the health of the market and finding the best stocks for swing trading.

Start my Wagner Daily membershiip 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.

Enjoy this post? Share the love.

Please leave your comment below!

Your email address will not be published. Required fields are marked *