The Wagner Daily – Stock Breakout: $LESL

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$LESL daily

The Wagner Daily – May 6, 2021

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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quick jump to:today’s watchlistopen & closed positionsmarket commentaryresources:subscriber guideour trading strategybloghandy links:live mentorship room (members login)

S&P 500 buy, Nasdaq Composite buy

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:

  • $FCX buy stop triggered
  • $Bought $XEC.


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$SPY still above the 20-day EMA is a positive sign.

$ 500 daily

Per intraday alert, bought the breakout above base highs in energy stock $XEC. If not already long, one could enter on weakness to the $69 – $69.50 area.

$XEC daily

There is one new official setup for Thursday in $LESL.

$LESL has formed a cup with handle pattern and may soon be ready to clear the handle high.

$LESL daily

A move through the three-day high could put $KSS into trend mode after a few months of consolidation. We are already long in the model portfolio.

$KSS daily

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

  • $WSM – buy at 177.00
  • $URBN – buy at 38.80
  • $RCII – buy at 61.55

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