The Wagner Daily – June 25, 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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MTG Market Timing Model – 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):
- Sold $KRNT for a very small gain to make room for $CDNA and $FRHC (see notes below if still holding $KRNT).
- $CDNA and $FRHC buy stops triggered.
The video below replaces the written commentary portion of today’s report. If the video does not appear or does not play then use the following link to view directly in youtube.com:
$FRHC and $CDNA buys triggered. Per yesterday’s report, we sold $KRNT on the open to make room for thicker stocks. There was nothing wrong with the $KRNT trade or buy stop entry on the breakout. If you still own $KRNT consider setting a stop 6% below the entry point.
Unofficial Setups – For experienced traders only, no guidance is given for these setups.
- $FUV – buy at 15.60
- $CDNA – buy in 94-96 range if not already long
- $GDRX – buy at 39.26
- Also watching – $COIN $STEM $OLO (entries over prior day’s high) and $ZIM (slight pullback)
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