{"id":18312,"date":"2021-08-25T06:48:00","date_gmt":"2021-08-25T10:48:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=18312"},"modified":"2023-02-21T23:09:55","modified_gmt":"2023-02-22T04:09:55","slug":"swing-trading-stocks-082521","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-082521\/","title":{"rendered":"The Wagner Daily &#8211; Growth stocks leading as $SNAP, $ZIM, and $DDOG added to model portfolio"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825ZIM.png\" alt=\"$ZIM daily\" title=\"\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; August 25, 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>MTG Market Timing Model &#8211; buy mode&nbsp;&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<p><img decoding=\"async\" alt=\"$todays watchlist\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825watch.png\" title=\"\"><br \/><br \/><a id=\"positions\"><strong><em>open positions:<\/em><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825open.png\" alt=\"$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\/2020\/closed.png\" alt=\"$closed positions\" title=\"\"><\/figure>\n\n\n\n<p><strong>po<\/strong><strong>sition notes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$AMD buy stop triggered. Per intraday alert, added to our position.<\/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<p>The Russell Midcap Growth ETF $IWP outperformed with a&nbsp;+1.1% gain vs +0.2% in the S&amp;P 500.&nbsp;&nbsp;Growth stocks have led the past few days which is a positive sign for our style of trading. Let&#8217;s see how growth holds up by Friday&#8217;s close. If the rally in growth is picking up steam, then we should see current breakouts follow through and new setups emerge during the next few weeks.<\/p>\n\n\n\n<p>$SNAP and $ZIM entries triggered and were added to the model portfolio on Tuesday, along with a 3% add&nbsp; to $DDOG.<\/p>\n\n\n\n<p>Our TC2000 chart was showing incorrect data for $ZIM, so we had to adjust trade details via an intraday alert. For those who are still not long $ZIM, an entry near Tuesday&#8217;s close or lower is fine.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825ZIM.png\" alt=\"$ZIM daily\" title=\"\"><\/figure>\n\n\n\n<p>$SNAP pulled back to support of the 10-day EMA, with the 20-day EMA a bit lower. We may have to be patient with this trade&nbsp;but it has explosive potential.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825SNAP.png\" alt=\"$snap daily\" title=\"\"><\/figure>\n\n\n\n<p>There are two new setups on Wednesday&#8217;s watchlist.<\/p>\n\n\n\n<p>First up is a cup with handle pattern in $MELI.<\/p>\n\n\n\n<p>MELI is forming the handle portion of the pattern. The standard entry is over the handle high, but we may be able to enter slightly lower if a lower high forms beneath the handle high.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825MELI.png\" alt=\"$MELI daily\" title=\"\"><\/figure>\n\n\n\n<p>The second setup is a pullback entry in $NVDA using the 20-period EMA on the hourly chart. The first chart below is the daily, which shows the strong breakout and Tuesday&#8217;s pause. The price is a bit too extended from the 5 or 10-day EMA for an entry.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825NVDA.png\" alt=\"$NVDA daily\" title=\"\"><\/figure>\n\n\n\n<p>On the hourly chart, the rising 20-period EMA is just below Tuesday&#8217;s low and will serve as our buy limit entry.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/210825NVDA2.png\" alt=\"$NVDA 60 MIN\" title=\"\"><\/figure>\n\n\n\n<p><strong>Unofficial Setups<\/strong> &#8211; For experienced traders only, no guidance is given for these setups.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$LC &#8211; buy limit at 28.00 (pullback near 10ema)<\/li>\n\n\n\n<li>$SWAV &#8211; buy at 206.51 (breakout)<\/li>\n\n\n\n<li>$GLBE &#8211; buy at 73.00 (looking for follow-through over Monday&#8217;s high)Other stocks to watch: $DLO $SKIN $PLTR $U $RBLX $COF<\/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>he Russell Midcap Growth ETF $IWP outperformed with a\u00a0+1.1% gain vs +0.2% in the S&#038;P 500.\u00a0\u00a0Growth stocks have led the past few days which is a positive sign for our style of trading. Let&#8217;s see how growth holds up by Friday&#8217;s close. If the rally in growth is picking up steam, then we should see current breakouts follow through and new setups emerge during the next few weeks.<\/p>\n<p>$SNAP and $ZIM entries triggered and were added to the model portfolio on Tuesday, along with a 3% add\u00a0 to $DDOG.<\/p>\n<p>Our TC2000 chart was showing incorrect data for $ZIM, so we had to adjust trade details via an intraday alert. For those who are still not long $ZIM, an entry near Tuesday&#8217;s close or lower is fine.<\/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-18312","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\/18312","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=18312"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/18312\/revisions"}],"predecessor-version":[{"id":18316,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/18312\/revisions\/18316"}],"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=18312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}