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
CNQ.TO – Canadian Natural Resources Ltd.
Canadian Natural Resources appears to be setting up near the apex of a significant multi-month consolidation/continuation pattern. Keep a close watch for continuation and upside strength, which may lead to a potential breakout.
LINK TO CHART – https://schrts.co/IApwjEFr
CVE.TO – Cenovus Energy Inc.
Cenovus Energy appears to be setting up in the form of a bottoming wedge, with the PPO momentum indicator signaling positive divergence. Keep a close watch for continuation and upside strength that may lead to a breakout.
LINK TO CHART – https://schrts.co/pmbFVkAD
OTEX.TO – Open Text Corp.
Open Text is breaking out from a significant basing pattern, reaching a 52-week high.
LINK TO CHART – https://schrts.co/fjMwaxqB
SU.TO – Suncor Energy, Inc.
Suncor Energy is working its way towards the apex of a significant multi-year consolidation/continuation pattern. Keep an eye out for signs of upside strength that may lead to a potential breakout.
LINK TO CHART – https://schrts.co/PuSmThQY
TCW.TO – Trican Well Service Ltd.
Trican Well Service is now starting to break out above both the upper trendline of the pattern and the horizontal resistance/trigger line.
LINK TO CHART – https://schrts.co/bxAjyeMv
WTE.TO – Westshore Terminals Investment Corp.
Westshore Terminals Investment appears to be setting up near the apex of a significant multi-year consolidation/continuation pattern. Keep a close watch for signs of upside strength that may lead to a breakout.
LINK TO CHART – https://schrts.co/uxefwMbV
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 – 2024-01-25
AAV.TO, AAWH/U.CA, AC.TO, AD/UN.TO, ADEN.TO, ADW/A.TO, AI.TO, AIF.TO, AKG.TO, ALA.TO, AMZN.NE, AP/UN.TO, AQN.TO, ARCH.V, ARX.TO, ATS.TO, ATZ.TO, AYA.TO, BAM.TO, BAM/A.TO, BDGI.TO, BDT.TO, BEP/UN.TO, BIP/UN.TO, BIPC.TO, BIR.TO, BK.TO, BLX.TO, BN.TO, BNS.TO, BRAG.TO, BRK.NE, CAS.TO, CCL/B.TO, CEU.TO, CF.TO, CGX.TO, CHR.TO, CIG.TO, CIGI.TO, CL.CA, CLS.TO, CM.TO, CNQ.TO, CP.TO, CRDL.TO, CRR/UN.TO, CS.TO, CURA.TO, DFN.TO, DFY.TO, DGS.TO, DIS.NE, DND.TO, DNTL.TO, DR.TO, DRM.TO, DSG.TO, DTC.CA, DXT.TO, ECO.TO, EIF.TO, ELD.TO, ENGH.TO, ENS.TO, ETG.TO, ETL.V, EXE.TO, FDR.V, FFH.TO, FFN.TO, FN.TO, FSV.TO, GAU.TO, GIB/A.TO, GIL.TO, GMIN.TO, GOOG.NE, GOT.V, GWO.TO, H.TO, HDI.TO, HITI.V, HME.V, HPS/A.TO, HUT.TO, HWX.TO, IAG.TO, IAU.TO, IBM.NE, ILLM.TO, IMO.TO, IPCO.TO, IVN.TO, KEY.TO, KSI.TO, LFE.TO, LUG.TO, MDA.TO, MEG.TO, MFC.TO, MRU.TO, MSFT.NE, MTL.TO, MTY.TO, MVRS.NE, MX.TO, NA.TO, NEO.TO, NFLX.NE, NOVC.TO, NPI.TO, NWC.TO, OGC.TO, OLA.TO, ONEX.TO, OTEX.TO, OVV.TO, PAY.TO, PBH.TO, PET.TO, PLC.TO, PMET.V, PNRL.V, POU.TO, PPL.TO, PRMW.TO, PRU.TO, PRYM.TO, PSI.TO, PTM.TO, QBR/B.TO, QSR.TO, RAY/A.TO, RCH.TO, REAL.TO, RUS.TO, SES.TO, SIS.TO, SOIL.TO, STEP.TO, STN.TO, SU.TO, TCW.TO, TECK/B.TO, TER.CA, TF.TO, TIH.TO, TOT.TO, TOY.TO, TROY.CA, TRP.TO, TRUL.CA, TRZ.TO, TSND.TO, TSU.TO, TVE.TO, VHI.TO, VLE.TO, VNP.TO, VRNO.NE, VZLA.V, WCN.TO, WED.V, WELL.TO, WN.TO, WSP.TO
