The MTG Stalk Sheet presents you with the best individual stocks that Morpheus Trading Group is stalking for potential trade entry each day, all in a concise and easy to understand format. Please be sure to read the MTG Stalk Sheet User Guide in order to understand the terminology below and to receive the maximum benefit from your subscription. Enjoy!


"FULL-SERVE" STALK LIST

There are no new official setups this morning. We have updated the long watchlists and will be monitoring these setups for buy points. We want to avoid getting too heavy on the long side until we see price and volume confirmation from the broad market averages. If any new trades are made we will promptly send an intraday alert.

LONG WATCHLIST AND TRIGGER PRICES - (changes to trigger prices are highlighted in red)

Pullback entries - (2-5 day pullback in a strong uptrend or pullback to the 20 & 50-day MA's)


- New setups


• NKTR - 11.60
• CELG - 57.61 (breakout above hourly downtrend line)
• SEED - 11.76 (pullback to 50-day MA)
• ISRG - 332.00 (undercut gap up bar, ready to push higher w/ help from market)
• SHLD - 95.00 (undercut of 20-day EMA)
  
  - Previous setups
  
• MMR - 15.81 (breakout above tight trading range)
  
  - Triggered
  
• GMCR - 85.20 (false triggered on the open yesterday, as the price action could not hold above 85.00)


Breakout entries - (from cup and handles, bull flags, flat bases, and downtrends)


- New setups


• PRX - 26.78 - (downtrend line breakout)
• PODD - 14.30 (break of downtrend line)
  
  - Previous setups
  
• MNKD - 10.55 (early entry) & 11.18 (breakout from handle portion of a cup and handle pattern)
  
  - Triggered
  
  
  
  SHORT WATCHLIST AND TRIGGER PRICES
  
  - New setups
  
  
  
  - Previous setups
  
  
  
  - Triggered
  
  
  

Open positions (coming into today):


GMCR long (100 shares from Jan. 29) -
bought 85.01, stop 81.89, target (will send alert), unrealized points = (0.60), unrealized P/L = ($61)


Closed positions (since last report):


(none)


Current equity exposure ($200,000 max. buying power):


$8,441


Notes:


• Per intraday alert, we lowered the stop in GMCR just below the whole number.
• Be sure to check for earnings before making any trades over the next few weeks.


Market Conditions / Gameplan:

Markets are deeply oversold, so we should see some sort of relief bounce this week.



Market Leaders:

Monitoring the price action of leading stocks is the best way to gauge the health of the market (when the market is trending higher). Keep a watchlist of these symbols up at all times and review the price action every night after the close. This list of leaders is updated every Monday.


Current / Potential Leadership



GMCR MNKD NKTR JAZZ MMR TRGL VCI TII ALGN




Open Position Detail:


• GMCR - Needs to hold the 10-day MA for the setup to workout.
  
  
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Edited by Deron Wagner,
MTG Founder and Head Trader



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DISCLAIMER: There is a risk for substantial losses trading securities and commodities. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. The Company and/or its affiliates, officers, directors and employees may or may not buy, sell or have a position in the securities discussed in The MTG Stalk Sheet and may profit in the event the shares of the companies discussed in The MTG Stalk Sheet rise or fall in value. Morpheus Trading, LLC (hereinafter "The Company") is not a licensed broker, broker-dealer, market maker, investment banker, investment advisor, analyst or underwriter. This discussion contains forward-looking statements that involve risks and uncertainties. A stock's actual results could differ materially from descriptions given. The companies discussed in this report have not approved any statements made by The Company. Please consult a broker or financial planner before purchasing or selling any securities discussed in The MTG Stalk Sheet. The Company has not been compensated by any of the companies listed herein, or by their affiliates, agents, officers or employees for the preparation and distribution of any materials in The MTG Stalk Sheet. Past performance never guarantees future results.

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