In case you missed our initial explanation
for swing trade entry into this bullish ETF, we suggest reviewing those two posts above, then read the next paragraph, which details last week's exit strategy.
Now that you've seen the bullish price action subsequent to the breakout, let's take a more important look at the technical trading criteria that preceded the breakout, which then prompted us to buy the ETF
for swing trade entry.
Of the 37 results returned as Potential Breakouts
for swing trading entry, it was clearly shown that the # 1 ranked stock pick generated by our technical screener was Ellie Mae ($ ELLI).
Not exact matches
As always, subscribing members of our
swing trader newsletter should note our preset and exact
entry, stop, and target prices
for this new
trade setup in the «watchlist» section of today's report.
As always, regular subscribers to our
swing trading newsletter will be notified beforehand with our exact trigger, stop, and target prices
for this ETF
trade setup if we make an «official» buy
entry.
If you wish to receive the specific
entry and exit prices
for our best stock and ETF
trades, such as those discussed in the above video, sign up
for your risk - free trial subscription of our
swing trader newsletter, The Wagner Daily (less than $ 2 per day based on annual rate).
Given the high volume breakout in IWM yesterday, we are now stalking ProShares Ultra Russell 2000 ($ UWM)
for potential
swing trade buy
entry going into today's session.
If you wish to receive the specific
entry and exit prices
for our best stock and ETF
trades, such as those discussed in the above video, sign up
for your risk - free trial subscription of our
swing trading stock newsletter, The Wagner Daily (less than $ 2 per day based on annual rate).
Both of the above ETFs we analyzed ($ EIDO and $ THD) are «official» setups
for potential
swing trade buy
entry in today's Wagner Daily
swing trading newsletter.
We will be monitoring this inverse ETF closely
for a potential
swing trade buy
entry:
Subscribers to the full version receive our exact
entry and exit prices
for swing trades of our best stock and ETF picks, access to our market timing model, and more.
Regular subscribers of our
swing trading newsletter should note the «Watchlist» section of today's report
for our exact
entry, stop, and target prices
for each of these two new
swing trade setups.
Moving averages play a very big role in our daily stock analysis, and we rely heavily on certain moving averages to locate low - risk
entry and exit points
for the stocks and ETFs we
swing trade.
Fast - moving stocks require low - risk
entry points, which allow us to minimize risk and maximize the reward to risk ratio
for each new
swing trade entry.
In today's stock market
trading video, we point out the technical
swing trade setups
for potential buy (or short sale)
entry in the following stocks and ETFs: $ SPY, $ GOOG, and $ CRM.
To learn our detailed
entry strategy
for swing trading stocks, be sure to view the excellent, full - length video on our stock
trading video course page (registration closes on December 21).
As such, I am now stalking PowerShares QQQ Trust ($ QQQ), a popular ETF proxy
for the NASDAQ 100 Index,
for potential
swing trade short
entry in my Wagner Daily newsletter.
Using the brand - new Morpheus Stock Screener software, we present you with the best stocks and / or ETFs setting up
for potential
swing trade entry in the coming days.
As always, we will promptly alert Wagner Daily subscribers with our preset
entry, stop, and target prices
for this
swing trade setup when / if it provides us with an ideal, low - risk buy
entry point in the coming days.
The pink, horizontal line on the weekly chart below shows the area of resistance that $ LULU may bounce to, which may present you with a low - risk
entry point
for swing trading on the short side:
To receive immediate notification of any new «official»
swing trade entries in our model portfolio, including exact,
entry, and stop prices, sign up
for your 30 - day risk - free membership to our stock and ETF
trading service by clicking here.
In today's stock market
trading video, we point out the technical
swing trade setups
for potential buy (or short sale)
entry in the following stocks and ETFs: $ DUG, $ MCHP, $ HITK.
Using the new Morpheus Stock Screener software, we present you with the best stocks and / or ETFs setting up
for potential
swing trade entry in the coming days.
In today's stock market
trading video, we point out the technical
swing trade setups
for potential buy (or short sale)
entry in the following stocks and ETFs: $ QQQ, $ SMH, and $ NVLS.
We recently profited from the sale of two ETF
swing trades on the long side of the market, $ FXI (China) and $ EPOL (Poland), and we continue to monitor select international ETFs
for potential buy
entry on a pullback.
Because of the confirmation through multiple timeframe analysis, we are now stalking $ URA
for potential
swing trade buy
entry.
Subscribing members of my nightly
swing trading newsletter should note my exact
entry, stop, and target prices
for this
trade setup in the «Watchlist» section of today's report.
Tight
Trading Range, limit order market, bad
for scalping with stop
entries unless using
swing stop
Bar 13 - Double bottom higher low, close on high, still always in long from 8, ok
swing buy or long, but tight
trading range so limit order market, sellers scaling in above, buyers below, both scalping and low probability
for stop
entries
Our short setup in iShares Nasdaq Biotechnology Index ($ IBB) remains on our watchlist as a candidate
for potential
swing trade short sale
entry going into today (December 17).
Paid subscribers receive exact
entry, stop, and target prices
for our top ETF and stock
swing trades, daily technical analysis of the best stocks and ETFs, and access to our Live
Trading Room.
The 9 stocks setting up
for momentum breakout
swing trade entry are: Radnet ($ RDNT), Tower Semiconductor ($ TSEM), Illumina ($ ILMN), Abraxas Petroleum ($ AXAS), Alcoa ($ AA), Warren Resources ($ WRES), Hawaiian Holdings ($ HA), Natus Medical ($ BABY), and Super Micro Computer ($ SMCI).
Based on the proven technical analysis techniques of our ETF and stock
swing trading system, today's stock and ETF
trading video provides you with a few of our top stocks to buy
for short - term
entry in the coming days.
Presently, there are a handful of stocks that meet my criteria
for selling short (former leading stocks blowing up), but I have not yet spotted low - risk
swing trade entry points on the daily charts.
As such, we are stalking $ SEA
for potential
swing trade entry going into today's session.
To continue building on your trader education, receive access to our proprietary market timing system, and be alerted to our exact
entry and exit prices
for the top nightly stock and ETF
trade picks, sign up here
for your 30 - day risk - free subscription to our momentum
swing trading service.
As such, the ETF did NOT trigger
for short sale
entry, and has been temporarily removed from our «official» watchlist as a
swing trade setup.
As with $ LULU, I remain on the sidelines with this setup, but will be monitoring closely
for a potential short
entry in my nightly
swing trading newsletter.
On a separate note, here is a brief update on the open stock and ETF positions presently in our model
swing trading portfolio: We sold a partial position of Celldex Therapeutics ($ CLDX)
for an 18 % gain on April 25, but remain long about half the original shares (more on our $ CLDX
entry here).
Subscribers to our
swing trading service should note our exact
entry, stop, and target prices
for this short - term momentum
trade setup in the ETF Watchlist section of today's newsletter.
Since TMF has been added to the «ETF
Trading Watchlist» of The Wagner Daily as an «official»
trade setup, subscribers to our
swing trader newsletter should note our exact
entry, stop, and target prices
for this ETF
trade setup.
Going into today, we are targeting two more ETFs
for potential
swing trade entry.
In today's Wagner Daily newsletter, we are stalking $ SMH
for potential
swing trade buy
entry if it meets our technical criteria (looking to add to our existing position on strength).
Therefore, although TMF is not yet listed on today's watchlist as an «official» buy
entry, it is now on our internal watchlist as a potential technical
swing trade setup we are monitoring
for the proper trigger point
for buy
entry.
Subscribing members receive detailed
entry and exit prices
for our
swing trade setups, additional annotated ETF and stock charts, and additional technical market commentary.
As with most of our individual stock
swing trades, we will be looking
for a gain of 15 % to 20 % above our
entry point, at which point we would be looking to take profits and sell into strength.
To ensure you receive the exact
entry, stop, and target prices
for our next big pullback
trade entry before the stock surges higher, sign up now
for your risk - free trial subscription to The Wagner Daily
swing trader newsletter.
One ETF we have been watching closely
for potential
swing trade entry in recent weeks is PowerShares QQQ Trust ($ QQQ), a popular ETF proxy
for the tech - heavy Nasdaq 100 Index.
Overall, we like the technical setup
for a momentum - based
swing trade buy
entry into $ GLD, but we will patiently wait
for a proper
entry point first.
Subscribing members receive detailed
entry and exit prices
for our
swing trade setups, additional annotated ETF and stock charts, technical market commentary, and access to our Live
Trading Room.