Category: The Wagner Daily – Archives

During the first half of 2022, the energy sector was one of the few bright spots on the long side, but that is no longer the case as crude oil continues to set lower highs and lower lows below its 200-day ma or 40-week ma on the weekly chart below. 

Energy ETF $XLE is still above its 200-day MA but should be monitored for potential short entries down the road on a break of this average.

Although $ENPH has held up extremely well, we are raising our stop on the full position to just above breakeven.  If triggered we will have a small 2% gain.   We can always re-enter down the road if/when conditions improve.

$TSLA has formed a valid basing pattern after a 50% rally off the lows.

The Wagner Daily – September 20, 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. […]

$PCTY closed with a bullish reversal candle after undercutting the 20-day ema and closing in the top 20% of the day’s range. The relative strength line broke out and set a new high well ahead of price. The unofficial entry is over last Friday’s high.

The S&P 500 index broke an uptrend line with multiple touches on Thursday’s close.  Overnight, the S&P 500 futures followed through to the downside and is now trading below the recent swing low. 

$SWAV could be in play for very aggressive traders only above Wednesday’s high which would clear the short-term downtrend line. Officially, we are waiting for a pullback to the 10-week ma to buy. That buy could be in a few days or a few weeks.

We remain long $ENPH with split stops to reduce risk.  $ENPH showed a ton of relative strength holding above the 20ema and $300 level.  Can it hold up through the end of the week?

Once again, $ARRY shook out stops below the 20-day ema before reversing higher. The chart remains in good shape and could be back in play over Monday’s high or on a downtrend line break.

$PRVA could be in play within the next few days especially if the price tightens up above the 20-day ema.