Category: The Wagner Daily – Archives

$MOS is another potential short candidate on a bounce into resistance. Not an official setup.

We are adding to an existing position in $ENPH on slight weakness, looking for a possible test of the range high.

Leading stocks on our watchlist perked up on Wednesday, which was a positive sign.

Solar is leading the market higher and we have some exposure with $ENPH and $ARRY.

We’d like to add to $ENPH on weakness.

Market leadership took a bit of a hit on Tuesday, with many energy names breaking down below support.  

Solar stocks remain strong with $ENPH leading the way.

While $SEDG and $ARRY held up, $CELH and $ON stops triggered in the model portfolio. 

$ARRY has shown a ton of strength and is at the top of our watchlist to add if/when market conditions improve.

$LNTH is closing in on the rising 10-week moving average which is just above the highs of the last base. A touch of the 10wma is a low-risk way to enter a leading stock in a strong uptrend. This is not an official setup.

A recent failed breakout attempt in $ALB could lead to a shakeout below the 20-day ema, which would be an ideal spot for some long exposure.

Can $ENPH and $CELH hold the 20-day ema? For those not already long, a test of the 20-day ema in either stock could be a low-risk entry point.

$ENPH closed above the short-term downtrend line after a few failed attempts but volume was light. We are waiting for a solid accumulation day with a close above $300, which we have yet to see.

We bought on as it reclaimed the prior high.  $ON and $WOLF are two of best acting semis.