{"id":12052,"date":"2022-04-01T01:38:00","date_gmt":"2022-04-01T05:38:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=12052"},"modified":"2022-04-16T04:19:24","modified_gmt":"2022-04-16T08:19:24","slug":"swing-trading-stocks-04-01-22","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-04-01-22\/","title":{"rendered":"The Wagner Daily &#8211; Breakout Setup in $SEDG Solar Stock"},"content":{"rendered":"\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401SEDG.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401SEDG.png\" alt=\"$SEDG  daily \" width=\"700\" height=\"586\" title=\"\"><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; April 1, 2022<\/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\"\/>\n\n\n\n<p><a name=\"timing\"><\/a><strong><em>MTG Market Timing Model &#8211;&nbsp; BUY as of 3\/16 close<\/em><\/strong><\/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 name=\"watchlist\"><\/a><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/p>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/watch.png\" alt=\"$todays watchlist\" title=\"\"><br \/><em>&nbsp;<\/em><br \/><!-- End watchlist --><!-- Begin open positions --><a name=\"positions\"><\/a><strong><em>open positions:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401open2.png\" alt=\"$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=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2020\/closed.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\"><li>Per intraday alert, bought $GFI.<\/li><\/ul>\n\n\n\n<p><!-- End closed positions --><strong><em><strong><em><strong><em><a name=\"etf\"><\/a> <strong><em>Commentary:<\/em><\/strong><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>After two days of stalling at resistance from prior highs, the selling picked up on Thursday with all major indexes down 1% or more.<\/p>\n\n\n\n<p>The Nasdaq 100 stalled at the 200-day MA and is now closing in on the rising 8-day EMA. Let&#8217;s see how this index holds up on Friday as it closes out the week and the first quarter.<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401QQQ.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401QQQ.png\" alt=\"$Nasdaq 100 daily \" width=\"700\" height=\"586\" title=\"\"><\/a><figcaption><em>Press chart to enlarge<\/em><\/figcaption><\/figure>\n\n\n\n<p>After stopping out of a few positions on Wednesday, we closed out the remaining trades and went to cash by the close. The decision to exit worked out well as the selling accelerated on Thursday.<\/p>\n\n\n\n<p>Per intraday alert, bought gold stock $GFI based on Wednesday&#8217;s bullish reversal candle off the 20-day EMA. The ideal entry was over Tuesday&#8217;s high, but our entry over Wednesday&#8217;s high is still valid as the price confirmed with a close back above the 20-day EMA following a shakeout.<\/p>\n\n\n\n<p>Note that we lowered the stop from $15.00 to $14.89.<\/p>\n\n\n\n<p>$GFI closed off the highs of the day with the market. Let&#8217;s see if the price can bounce back on Friday and hold above Thursday&#8217;s close.<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401GFI.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401GFI.png\" alt=\"$GFI  daily \" width=\"700\" height=\"586\" title=\"\"><\/a><figcaption><em>Press chart to enlarge<\/em><\/figcaption><\/figure>\n\n\n\n<p>$SEDG is not an official setup but has held up well the past few days at the 20-day EMA after a second false breakout.<\/p>\n\n\n\n<p>A move through Thursday&#8217;s high is the next entry point. Not an official setup.<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401SEDG.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220401SEDG.png\" alt=\"$SEDG  daily \" width=\"700\" height=\"586\" title=\"\"><\/a><figcaption><em>Press chart to enlarge<\/em><\/figcaption><\/figure>\n\n\n\n<p>There are no new setups for Friday. Our short-term game plan is to lay low and see what develops during the next day or two. There isn&#8217;t a whole lot to get excited about in growth, as most leading stocks are commodity-based, which have been extremely volatile the past few weeks.<\/p>\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\"><li>&nbsp;Longs &#8211; $SEDG $GTLB $TRTN $DAR &#8211; watching $CARG for an entry<\/li><li>&nbsp;Shorts &#8211;<\/li><\/ul>\n\n\n\n<p>Press HERE (link restricted to paid members) to view this week&#8217;s stock watchlist, an excellent starting point for monitoring the health of the market and finding the best stocks for swing trading<em>.<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Start my Wagner Daily membershiip now<\/a><\/strong> to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. <strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">The Wagner Daily PRO<\/a> <\/strong>includes <strong>live swing trader room<\/strong> for daily, real-time trade ideas and powerful stock trading education. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p><!-- wp:paragraph --><\/p>\n<p>$SEDG is not an official setup, but has held up well the past few days at the 20-day EMA after a second false breakout.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>A move through Thursday&#8217;s high is the next entry point. Not an official setup.<\/p>\n<p><!-- \/wp:paragraph --><\/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-12052","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\/12052","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=12052"}],"version-history":[{"count":7,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/12052\/revisions"}],"predecessor-version":[{"id":12080,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/12052\/revisions\/12080"}],"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=12052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=12052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=12052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}