Notice: The Daily Setups are provided for informational purposes only and are not intended as a stock-picking service. The charts and information provided are intended to aid research and analysis and should only be used as indicators. They should not be considered as a direct trigger to buy or sell any security. The creator assumes no responsibility for any actions readers take and strongly advises each individual to fully understand the risks and potential consequences before making any investment decisions. Please note that the charts shared are not intended as signals to buy or sell but as a tool to add to your watchlist and analyze according to your trading ability. Remember that not all charts will result in buy or sell actions at any time.
Just a friendly reminder: We update the sector chartists every weekend. We highly recommend that you take some time to browse and create your watchlist. Please pay close attention to the Daily Setups and Workspace scan results for potential future additions to stay ahead of the game.
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Sample Trading System
The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.
Canadian Daily Setups
AAPL.NE – Apple Inc – Canadian Depository Receipt
Apple is currently attempting to set up from the 200-day moving average within the context of a falling wedge continuation pattern.
LINK TO CHART – https://schrts.co/GXckjztB
GOOG.NE – Alphabet Inc – Canadian Depository Receipt
Alphabet continues to maintain its upward-sloping 50-day moving average.
LINK TO CHART – https://schrts.co/NIsyyeGD
LLY.NE – Eli Lilly & Co – Canadian Depository Receipt
Eli Lilly is currently making an effort to trend higher from a bull flag continuation pattern. See the structure in the US chart provided beneath.
LINK TO CHART – https://schrts.co/cDAQKRiU
MSFT.NE – Microsoft Corporation – Canadian Depository Receipt
Microsoft is currently consolidating within a continuation wedge below a horizontal resistance line. Notably, the PPO momentum indicator is showing positive divergence, indicating that it has made a higher low while the price has made a lower low.
LINK TO CHART – https://schrts.co/ZknInbth
NVDA.NE – NVIDIA Corp – Canadian Depository Receipt
NVIDIA is currently consolidating below a horizontal resistance line. It’s worth noting the large volume by price bar on the left side of the chart, indicating significant accumulation throughout this pattern. Keep a close watch for a continuation of the uptrend.
LINK TO CHART – https://schrts.co/dsFZRVmY
UNH.NE – Unitedhealth Group Inc – Canadian Depository Receipt
Unitedhealth is currently positioning itself on the right side of a significant bottoming base. Monitor closely for a potential breakout.
LINK TO CHART – https://schrts.co/nGIkXqcu
Canadian Scanner Results
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
