The Wagner Daily – Shortened Report: Nov 26 Market Close

The Wagner Daily – November 26, 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 – 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):

open positions:

closed positions:

position notes:

• $RBLX buy stop triggered for the 3% add.

Commentary:

A few quick notes:

• US markets will close at 1 pm EST on Friday, November 26.
• Tonight’s report is an abbreviated version with no charts. The video version of the report will return next Thursday.

Friday’s Official Buy Watchlist:

$PSTG is a breakaway gap up to new all-time highs on 4x average volume. We are buying a half position on a pullback to $30 along with an add over the gap-up day high for partial size.  Fundamentals are solid with a +210% yearly eps estimate for 2022 and 3 quarters in a row of accelerating sales growth (last quarters at +37).  

Adding to $NVDA on a pullback to the $320 area (at $321)  looking for the 10-day EMA to hold.

Buying $U over the high of Wednesday’s inside day looking for the 20-day EMA to hold.

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

• Watching $TTD $SEDG (first touch of 20ema after shakeout)  $ON $SKIN $SI $GXO $NVDA $AMD $APP $GOOS $ENPH –

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.