The Wagner Daily – Trading $NVDA on Moving Averages

Enjoy this post? Share the love.

$AMD daily

The Wagner Daily – September 28, 2021

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 – sell  

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 $ZI


Small caps outpeformed on Monday, with $IWM up +1.5% vs -0.3% in the S&P 500 and -0.8% in the Nasdaq 100. Growth underpeformed with IWP closing -1% lower.

Growth took an uppercut to the chin on Monday, let’s see how these stocks hold up during the next few days.

The model portfolio stopped out of $ZI. There are no new official setups for Tuesday, but the $SQ buy stop order remains live.

 $AMD cleared its downtrend line on Monday on is buyable on a pullback.

$AMD daily

Sticking with the semi theme, $NVDA pulled back to the 10-week moving average on Monday and is in play around Monday’s close,  with a stop beneath last week’s low.

$AMD daily

$AFRM 60 minute chart has settled into a tight trading range above the rising 20-period EMA and is potentially in play on strength over the hourly downtrend line or on a touch of the 20-period EMA.

$AMD daily

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

  • $DLO – buy stop at 68.00
  • $NVDA – buy at/near 214-216
  • $DOCN – buy at 83.80
  • $AN – buy at 126.00
  • $AMD – buy pullback to 106-107

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.

Enjoy this post? Share the love.

Please leave your comment below!

Your email address will not be published.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