{"id":19152,"date":"2021-04-06T06:48:00","date_gmt":"2021-04-06T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=19152"},"modified":"2023-02-27T20:41:03","modified_gmt":"2023-02-28T01:41:03","slug":"swing-trading-stocks-040621","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-040621\/","title":{"rendered":"The Wagner Daily &#8211; $MARA breaks out!"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406WSM.png\" alt=\"$WSM daily \" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; April 6, 2021<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> 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. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>market timing model: Buy from 4\/6 Follow Through Day in the Nasdaq Composite&nbsp;<\/em><\/strong><\/a><\/p>\n\n\n\n<p>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&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a id=\"watchlist\"><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406watch.png\" alt=\"$todays watchlist\" title=\"\"><\/figure>\n\n\n\n<p><br \/><a id=\"positions\"><strong><em>open positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406open.png\" alt=\"$open positions\" title=\"\"><\/figure>\n\n\n\n<p><strong><em>closed positions:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406closed.png\" alt=\"$closed positions\" title=\"\"><\/figure>\n\n\n\n<p><strong>po<\/strong><strong>sition notes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$WSM and $MARA buy stops triggered.<\/li>\n\n\n\n<li>Per intraday alert, sold half of $DEN for a 10% gain. Will hold the rest for a break of the 10-day EMA.<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a id=\"etf\"><strong><em>Commentary:<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/new.morpheustrading.com\/blog\/wp-content\/uploads\/2023\/02\/image-84.gif\" alt=\"\" class=\"wp-image-19186\" title=\"Anchor\"><\/figure>\n\n\n\n<p>$MARA and $WSM were added to the model portfolio on Monday. $MARA broke out from its base and followed through with a solid 15% advance on higher volume. $WSM stalled but could retake the high within the next day or two.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406WSM.png\" alt=\"$WSM daily \" title=\"\"><\/figure>\n\n\n\n<p>There is one new official setup for Tuesday in $UPST.<\/p>\n\n\n\n<p>$UPST is a recent IPO from last December. It has great liquidity at $150 with an average trading volume of 2.4 million shares a day. The RS rating from IBD is 98. It lacks consistent quarterly earnings growth but its 2022 yearly eps estimate is +77%.<\/p>\n\n\n\n<p>The chart is in a two-week consolidation after an explosive move through $100. We missed last week&#8217;s entry over the two-day high, but Monday&#8217;s pullback creates a new buy entry over the hourly downtrend line and Monday afternoon&#8217;s chop at $144.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406UPST.png\" alt=\"$UPST daily \" title=\"\"><\/figure>\n\n\n\n<p>$MARA is the clear-cut leader so far in crypto-related names, but $RIOT, $SI, and $FUTU are in pretty good shape. $FUTU can be bought over Monday&#8217;s high. This is not an official setup.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406FUTU.png\" alt=\"$FUTU daily \" title=\"\"><\/figure>\n\n\n\n<p>$CLF failed to follow through but we will continue to monitor for an entry. The same goes for $X.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210406CLF.png\" alt=\"$CLF daily \" title=\"\"><\/figure>\n\n\n\n<p><strong>Unofficial Setups<\/strong> &#8211; For experienced traders only, no guidance is given for these setups.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$MU- buy at 94.80<\/li>\n\n\n\n<li>$FUTU &#8211; bu at 149.00 and 154.00<\/li>\n\n\n\n<li>$SBH &#8211; buy at 20.56<\/li>\n\n\n\n<li>$TMST &#8211; buy at 12.11<\/li>\n\n\n\n<li>$SEAS &#8211; buy at 53.20 (retake breakout pivot)<\/li>\n\n\n\n<li>$IRBT &#8211; buy at 125.80<\/li>\n\n\n\n<li>$MVIS &#8211; buy at 16.45<\/li>\n<\/ul>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background\"><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Start my Wagner Daily membership now<\/a><\/strong> to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. <strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">The Wagner Daily PRO<\/a> <\/strong>includes <strong>live swing trader room<\/strong> for daily, real-time trade ideas and powerful stock trading education. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>$MARA and $WSM were added to the model portfolio on Monday. $MARA broke out from its base and followed through with a solid 15% advance on higher volume. $WSM stalled but could retake the high within the next day or two.<\/p>\n","protected":false},"author":2,"featured_media":12060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[782],"tags":[],"class_list":["post-19152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wagner-daily-archives"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/comments?post=19152"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19152\/revisions"}],"predecessor-version":[{"id":19190,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/19152\/revisions\/19190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media\/12060"}],"wp:attachment":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media?parent=19152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=19152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=19152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}