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.
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Canadian Daily Setups
BAM.TO – Brookfield Asset Management Ltd.
Brookfield Asset Management is positioned on the right side of a significant cup base, currently situated just below new highs. Keep a close watch for any signs of upward momentum, as it could potentially lead to a breakout.
MDA.TO – MDA Ltd.
MDA is currently consolidating just below its 52-week highs. Be attentive to signs indicating a continuation in upside momentum, as this could potentially lead to a breakout.
NVA.TO – NuVista Energy Ltd.
NuVista Energy is making an attempt to break out from a significant basing pattern, which takes the form of a continuation triangle.
OBE.TO – Obsidian Energy Ltd.
Obsidian Energy is in the process of trending higher, stemming from a giant continuation pattern.
OVV.TO – Ovintiv Inc
Ovintiv is currently consolidating within a bull flag or continuation pennant pattern. It’s worth noting the presence of a large volume by price bar, indicating accumulation within this pattern. Be watchful for any signs pointing to the continuation of the uptrend.
STEP.TO – STEP Energy Services Ltd.
Step Energy Services seems to be in the process of initiating a breakout from a notable falling wedge continuation pattern.
Canadian Scanner Results
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