{"id":12116,"date":"2022-03-30T04:58:00","date_gmt":"2022-03-30T08:58:00","guid":{"rendered":"https:\/\/morpheustrading.com\/blog\/?p=12116"},"modified":"2022-04-16T05:59:04","modified_gmt":"2022-04-16T09:59:04","slug":"swing-trading-stocks-03-30-22","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/swing-trading-stocks-03-30-22\/","title":{"rendered":"The Wagner Daily &#8211; Nasdaq Reverses to Close Sharply Higher"},"content":{"rendered":"\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330GFS.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330GFS.png\" alt=\"$GFS daily \" width=\"714\" height=\"420\" title=\"\"><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The Wagner Daily &#8211; March 30, 2022<\/h2>\n\n\n\n<p><em>Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).<\/em><\/p>\n\n\n\n<p><em><strong><a href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe now<\/a><\/strong> for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record. <\/em><\/p>\n\n\n\n<p><em>Just drop us a comment with any questions or comments&#8211;we&#8217;d love to hear from you!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p><!-- Begin market timing model --><a name=\"timing\"><\/a><strong><em>MTG Market Timing Model &#8211;&nbsp; BUY as of 3\/16 close<\/em><\/strong><\/p>\n\n\n\n<p>Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&amp;P 500 or Nasdaq Composite.<\/p>\n\n\n\n<p><a name=\"watchlist\"><\/a><strong><em>today&#8217;s watchlist (potential trade entries):<\/em><\/strong><\/p>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330watch.png\" alt=\"$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\/220330open.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>Stopped out of $SEDG and the add in $GFS. Note that we canceled the $SEDG buy stop to add.<\/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>Nasdaq Composite fought off some morning weakness and closed with a solid +1.8% gain on higher volume. Let&#8217;s see how the Nasdaq deals with resistance form the prior high and 200-day MA just above. Conditions are improving with both indexes (Nasdaq Composite &amp; S&amp;P 500) in lockout rally mode.<\/p>\n\n\n\n<p>There are two new setups for Wednesday&#8217;s session.<\/p>\n\n\n\n<p>First up is an add to $GFS over Tuesday&#8217;s high. $GFS closed with a bullish reversal candle after wiping out stops below the swing low. Our entry is over Tuesday&#8217;s high.<\/p>\n\n\n\n<p>IBD numbers &#8211; RS 96, Comp 95, Acc\/Dist A-, group rank 62 of 197<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330GFS.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330GFS.png\" alt=\"$GFS daily \" width=\"714\" height=\"420\" title=\"\"><\/a><figcaption><em>Press chart to enlarge<\/em><\/figcaption><\/figure>\n\n\n\n<p>$AOSL has tightened up the past few days on light volume and is in play over the two-day high.<\/p>\n\n\n\n<p>IBD numbers &#8211; RS 98, Comp 98, Acc\/Dist B+, group rank 45 of 197<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><a href=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330AOSL.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/\/charts\/2021\/220330AOSL.png\" alt=\"$aosl daily \" width=\"714\" height=\"420\" title=\"\"><\/a><figcaption><em>Press chart to enlarge<\/em><\/figcaption><\/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\"><li>&nbsp;Longs &#8211; $MP 55.01, $AMR 130.80, $BRCC 20.30, $GFI 15.40<\/li><li>Shorts &#8211;&nbsp;<\/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>Nasdaq Composite fought off some morning weakness and closed with a solid +1.8% gain on higher volume. Let&#8217;s see how the Nasdaq deals with resistance form the prior high and 200-day MA just above. <\/p>\n<p>Conditions are improving with both indexes (Nasdaq Composite &#038; S&#038;P 500) in lockout rally mode.<\/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-12116","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\/12116","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=12116"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/12116\/revisions"}],"predecessor-version":[{"id":12120,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/12116\/revisions\/12120"}],"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=12116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=12116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=12116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}