{"id":16126,"date":"2022-11-18T06:48:00","date_gmt":"2022-11-18T11:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=16126"},"modified":"2023-02-03T06:09:46","modified_gmt":"2023-02-03T11:09:46","slug":"swing-trading-stocks-111822","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-111822\/","title":{"rendered":"The Wagner Daily &#8211; $ARRY: Entering on Cup with Handle Handle, Buy Stop at Thursday High"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118ARRY.png\" alt=\"$ARRY daily\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; November 18, 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 has-css-opacity\"\/>\n\n\n\n<p><a><strong><em>MTG Market Timing Model &#8211;&nbsp; BUY&nbsp;&nbsp;(from 10\/21\/22 follow-through day buy signal)<\/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><strong><em>today&#8217;s watchlist along with open and closed positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118list.png\" title=\"\">&nbsp;<br \/><br \/><a><strong><em>position notes:<\/em><\/strong><\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Note the new setups.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong><em><strong><em><strong><em><a><strong><em>Commentary:<\/em><\/strong><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n<p>Broad-based averages held up well&nbsp;despite the gap-down action on Thursday&#8217;s open, with most indexes closing near the highs of the session.&nbsp; &nbsp;<\/p>\n\n\n\n<p>Leading stocks on our watchlist also held up well and appear to be setting up to move higher, a positive sign (though taking it one day at a time).&nbsp; &nbsp;<\/p>\n\n\n\n<p>&nbsp;S&amp;P Midcap 400, which is the leading index right now&nbsp;reversed off support:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118MID.png\" alt=\"$s&amp;p 400 daily\" title=\"\"><\/figure>\n\n\n\n<p>There are two new official setups for Friday.<\/p>\n\n\n\n<p>$ARRY recently gapped higher on big volume and appears to be forming the handle portion of a 40% deep cup with handle pattern.<\/p>\n\n\n\n<p>Price found support at the rising 8-day EMA on Thursday and we have a buy stop to enter partial size over Thursday&#8217;s high. We will look to add to the position.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118ARRY.png\" alt=\"$ARRY daily\" title=\"\"><\/figure>\n\n\n\n<p>$MEDP is also in play for us on a pullback with a buy limit order at the 20-day EMA (we have to estimate where the 20-day ema will be).<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118MEDP.png\" alt=\"$MEDP daily\" title=\"\"><\/figure>\n\n\n\n<p>Several stocks on our watchlist could either be in play on strength if they reclaim the 8-day EMA or on weakness (touch of 20-day EMA).<\/p>\n\n\n\n<p>$WING is not an official setup but can be played on strength (above 8ema) or weakness (near 20ema).<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118WING.png\" alt=\"$WING daily\" title=\"\"><\/figure>\n\n\n\n<p>$TMDX is in the same boat, buyable on strength or weakness using the 8 or 20-day EMAs.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/221118TMNDX.png\" alt=\"$tmdx daily\" title=\"\"><\/figure>\n\n\n\n<p><strong>Unofficial Watchlist<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Longs &#8211; $WING $TMDX $ENPH (breakout over yest high) $CELH (pullback) $SHLS (watching for pullback) $ANET&nbsp;<\/li>\n\n\n\n<li>Shorts &#8211;&nbsp;<\/li>\n<\/ul>\n\n\n\n \n\n\n\n\n\n\n\n<p>Rick&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1NqgrdjU9b5BoBV7j2BaIvp8y8P3VfAuUyywfm3Mcqxg\/edit?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here to\u00a0view this week&#8217;s watchlist in google sheets<\/strong><\/a><\/p>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background\"><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Start my Wagner Daily membership now<\/a><\/strong> to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. <strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">The Wagner Daily PRO<\/a> <\/strong>includes <strong>live swing trader room<\/strong> for daily, real-time trade ideas and powerful stock trading education. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>$ARRY recently gapped higher on big volume and appears to be forming the handle portion of a 40% deep cup with handle pattern.<\/p>\n<p>Price found support at the rising 8-day EMA on Thursday and we have a buy stop to enter partial size over Thursday&#8217;s high. We will look to add to the position.<\/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-16126","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\/16126","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=16126"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16126\/revisions"}],"predecessor-version":[{"id":16130,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/16126\/revisions\/16130"}],"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=16126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=16126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=16126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}