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: 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
CPX.TO – Capital Power Corp.
Capital Power is pushing higher from the recently highlighted bullish pennant continuation pattern.
LINK TO CHART – https://schrts.co/ITHRfaEE
NA.TO – National Bank of Canada
National Bank of Canada continues to trickle higher following its breakout from the consolidation/continuation pattern.
LINK TO CHART – https://schrts.co/guEhiKzW
RY.TO – Royal Bank of Canada
Royal Bank of Canada is positioning itself just below recent highs. Monitor for any potential breakout signals.
LINK TO CHART – https://schrts.co/cXhmEMIT
SFTC.TO – Softchoice Corporation.
Softchoice is attempting to break out from a multi-month consolidation area.
LINK TO CHART – https://schrts.co/gQrEPYsK
TGH.V – Tornado Global Hydrovacs Ltd.
Tornado Global Hydrovacs is consolidating below its recent highs with increased volume.
LINK TO CHART – https://schrts.co/igkrBggb
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, 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 – 2024-08-22
AAWH/U.CA, ACO/X.TO, AD/UN.TO, AFM.V, ALDE.V, ALS.TO, APR/UN.TO, ASCU.TO, ASE.CA, BAM/A.TO, BBD/B.TO, BDGI.TO, BIP/UN.TO, BIPC.TO, BN.TO, BOIL.CA, BRK.NE, CAR/UN.TO, CGX.TO, CHP/UN.TO, CIG.TO, CIGI.TO, CIX.TO, CJ.TO, CM.TO, COV.V, CP.TO, CPH.TO, CPX.TO, CR.TO, CSH/UN.TO, CTC/A.TO, CU.TO, DEFI.NE, DIV.TO, DOL.TO, E.TO, EMA.TO, ENB.TO, ENS.TO, EQB.TO, FAP.TO, FCR/UN.TO, FIL.TO, FRU.TO, FSV.TO, FTS.TO, FWZ.V, GFL.TO, GRT/UN.TO, GWO.TO, H.TO, HME.V, IAG.TO, IFOS.V, IGM.TO, IMO.TO, IPCO.TO, ITR.V, KEL.TO, KMP/UN.TO, KSI.TO, L.TO, LBS.TO, LCS.TO, LLY.NE, LNF.TO, LUN.TO, MDA.TO, MDP.TO, MFC.TO, MRU.TO, NA.TO, NFI.TO, NPR.V, PMZ/UN.TO, PNG.V, POW.TO, PPL.TO, PTI/UN.TO, PYPL.NE, QBR/B.TO, RBA.TO, RCI/B.TO, REI/UN.TO, RS.TO, RUP.TO, RY.TO, SBC.TO, SCPE.CA, SES.TO, SFTC.TO, SGD.V, SIS.TO, SLF.TO, SRU/UN.TO, STN.TO, SU.TO, TA.TO, TBL.TO, TGH.V, TOU.TO, TRI.TO, TRP.TO, U/U.TO, U/UN.TO, VHI.TO, WCN.TO, WCP.TO, WEX.V, WN.TO, WTE.TO, XAU.TO
