SYS Research – Canadian Daily Setups – Monday, February 5, 2024

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.

If you’re facing challenges understanding the Daily Setups or need help crafting a trading strategy, don’t hesitate to ask for assistance. You can contact me via email at info@setyourstop.com or reach me through the Workspace. Let’s schedule a meeting to address your specific requirements and provide you with the guidance you need.

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

ATZ.TO – Aritzia Inc.

Aritzia is pushing up against the underside of a major resistance line with increased volume. Monitor for any signs of a potential breakout.

LINK TO CHART – https://schrts.co/tJUIKMfu

 

DNG.TO – Dynacor Group Inc.

Dynacor appears to be setting up below its 52-week high.

LINK TO CHART – https://schrts.co/PjHzfXCw

 

DRX.TO – ADF Group, Inc.

The ADF Group setup continues to accelerate higher with bullish momentum and volume.

LINK TO CHART – https://schrts.co/ysykuSZE

 

SCR.TO – Strathcona Resources Ltd.

Strathcona Resources seems to be setting up for a potential bottoming pattern breakout.

LINK TO CHART – https://schrts.co/sNcmyXar

 

VNP.TO – 5N Plus Inc.

5N Plus is attempting to break out from a significant multi-month consolidation pattern.

LINK TO CHART – https://schrts.co/RzCFnckz

 

WDO.TO – Wesdome Gold Mines Ltd.

Wesdome Gold Mines is demonstrating relative strength versus the price of gold as price action continues to set up at its trigger line.

LINK TO CHART – https://schrts.co/IIKsBKFx

To bring our report to a close, we thank you for your engagement and insights. Your feedback is of great value, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!

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.

EXPORT – Canadian Scanner Results – 2024-02-05

ABXX.NE, AMRQ.V, ARIS.TO, ATRL.TO, ATZ.TO, AYA.TO, BBD/B.TO, BIP/UN.TO, BIPC.TO, BK/PA.TO, CLS.TO, CNR.TO, CP.TO, CPH.TO, CSW/A.TO, DE.V, DFN/PA.TO, DNG.TO, DOO.TO, DR.TO, DRM.TO, DRX.TO, DXT.TO, EPRX.TO, FAP.TO, FAR.TO, FIL.TO, FWZ.V, GCG/A.TO, GFL.TO, GMIN.TO, GOOG.NE, HITI.V, HME.V, HPS/A.TO, IAG.TO, IVN.TO, LLY.NE, LSPD.TO, LUN.TO, MCB.TO, MDA.TO, MDP.TO, MFC.TO, MG.TO, NGD.TO, NGEN.V, NVDA.NE, NVEI.TO, ONEX.TO, OR.TO, PHX.TO, PNRL.V, RAY/A.TO, RBA.TO, RECO.V, SCR.TO, SIS.TO, SKE.TO, STEP.TO, TOT.TO, TOY.TO, TRUL.CA, TSU.TO, TVK.TO, UBER.NE, VHI.TO, VNP.TO, WCN.TO, WDO.TO, WILD.TO

 

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