SYS Research – Canadian Daily Setups – Thursday, February 29, 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

AMD.NE – Advanced Micro Devices Inc. – Canadian Depository Receipt

AMD is breaking out from a bullish continuation pattern with robust volume, signaling potential strength in its upward movement. Monitor its performance closely for further confirmation.

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

 

BNS.TO – The Bank of Nova Scotia

The Bank of Nova Scotia is currently flagging after its recent breakout. Monitor closely for any indications of upside strength, which could signify the initiation of an uptrend.

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

 

CTS.TO – Converge Technology Solutions Corp.

Converge Technology Solutions continues to set up below its next trigger line. Keep a watchful eye for the continuation of the trend.

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

 

CVO.TO – Coveo Solutions Inc.

Coveo Solutions continues to witness bullish activity as its price action attempts to break higher. Keep a close watch on the developments for potential confirmation of an upward move.

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

 

QSR.TO – Restaurant Brands International Inc.

Restaurant Brands seems to be breaking out from the pattern highlighted yesterday. Monitor its current price action for confirmation of this breakout.

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

 

SU.TO – Suncor Energy, Inc.

Suncor Energy continues to exhibit characteristics akin to a textbook scenario. Its price action is currently pushing above the upper trendline and horizontal resistance of the multi-year consolidation/continuation pattern.

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

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 – 2024-02-29

AAUC.TO, ABX.TO, AD/UN.TO, AEP.V, AGI.TO, AKG.TO, ALA.TO, AMD.NE, AMX.V, AMZN.NE, ARG.TO, ARR.TO, ARX.TO, ASCU.TO, ATH.TO, ATX.V, ATZ.TO, AYA.TO, BAM/A.TO, BDT.TO, BEI/UN.TO, BIR.TO, BLX.TO, BN.TO, BNS.TO, CAD.V, CEU.TO, CF.TO, CIX.TO, CLS.TO, CM.TO, CMG.TO, CNC.V, CNQ.TO, CP.TO, CPG.TO, CPLF.TO, CPX.TO, CRDL.TO, CRM.NE, CRR/UN.TO, CS.TO, CTS.TO, CVE.TO, CVO.TO, CXB.TO, DCBO.TO, DFN.TO, DGS.TO, DHT/UN.TO, DPM.TO, DRX.TO, EIT/UN.TO, ENB.TO, ERF.TO, ETG.TO, FDR.V, FFH.TO, FFN.TO, FM.TO, FOM.TO, FTG.TO, FTT.TO, FVI.TO, FWZ.V, GAU.TO, GFL.TO, GIB/A.TO, GOOS.TO, GRA.TO, GTII.CA, H.TO, HAI.TO, HBM.TO, HPS/A.TO, IMO.TO, JOY.TO, K.TO, KEY.TO, KITS.TO, LAAC.TO, LAC.TO, LIRC.TO, LMN.V, LUG.TO, LUN.TO, MDA.TO, MEG.TO, MI/UN.TO, MMED.NE, MNT.TO, MOGO.TO, MRG/UN.TO, MSFT.NE, MTL.TO, MVRS.NE, NA.TO, NG.TO, NGD.TO, NGT.TO, NVA.TO, NVDA.NE, NVEI.TO, OBE.TO, OGI.TO, OR.TO, OVV.TO, PAY.TO, PHX.TO, PMET.TO, PNG.V, POW.TO, PPL.TO, PRL.TO, PRU.TO, PRYM.TO, PSLV.TO, QBR/B.TO, QSR.TO, RBA.TO, RML.V, SES.TO, SHOW.CA, SIA.TO, SOY.TO, SPB.TO, SSL.TO, STEP.TO, SU.TO, SVI.TO, TBL.TO, TECK/B.TO, TFII.TO, TKO.TO, TRI.TO, TRP.TO, TRUL.CA, TXG.TO, WCP.TO, WDO.TO, X.TO, ZEN.V, ZZZ.TO

 

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