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. The S&P 500 has run into a bunch of overhead resistance, so we expect some sort of pullback to develop this week. We currently have an equal mix of long and shorts. We will promptly send an intraday alert if anything catches our eye while scanning.

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



- Previous setups



- Triggered




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


- New setups


• CEDC - 34.13 (break of short-term downtrend line)
• MDVN - 38.01 (breakout from tight range)
• GMCR - 84.06 or 85.01 (break of short-term downtrend line)
  
  - Previous setups
  
  
  
  - Triggered
  
  
  
  SHORT WATCHLIST AND TRIGGER PRICES
  
  - New setups
• PKX - 115.50 (bear flag)
• JPM - 39.66 (stalling at 200-day MA)
  
  - Previous setups
  
  
  
  - Triggered
  
  

Open positions (coming into today):


MMR long (300 shares from Feb. 10) -
bought 15.71, stop 150 @ 14.85 & 150 @ 13.94, target (will send alert), unrealized points = + 0.76, unrealized P/L = + $225

MA short (75 shares from Feb. 17) -
sold short 224.14, stop 230.20, target (will send alert), unrealized points = + 1.51 unrealized P/L = + $112

CTXS long (150 shares from Feb. 18) -
bought 44.12, stop 42.79, target (will send alert), unrealized points = + 0.62, unrealized P/L = + $92

AGN short (200 shares from Feb. 19) -
sold short 59.00, stop 60.75, target (will send alert), unrealized points = (0.53) unrealized P/L = ($108)


Closed positions (since last report):


IPXL long (550 shares from Feb. 12) -
bought 14.07, sold 13.82, target (will send alert), unrealized points = (0.26), unrealized P/L = ($154)


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


$28,349


Notes:


• Per intraday alert, sold IPXL for a small loss ahead of earnings.
• Per intraday alert, shorted AGN on a light volume bounce to the 50-day MA.


Market Conditions / Gameplan:

The major indices are bumping into major resistance levels now, so we're going to lay low on the long side for now, focusing on managing existing long entries. We continue to scan for new leadership stocks.



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



BIDU RVBD PRGO GMCR PLXS NFLX NETL VECO CPLA CAGC MMR VCI SANM ARUN




Open Position Detail:


• CTXS - Holding breakout so far.
• MMR - Top relative strength stock in energy sector with potential to double over the next few months.
• MA - Look for resistance at 10-day MA.
• AGN - Light volume bounce to the 50-day MA.
  
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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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