SYS Research – Canadian Daily Setups – Thursday, October 19, 2023

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

BTCC.TO – Purpose Bitcoin ETF

The Purpose Bitcoin ETF is consolidating on the right side of a cup base. Watch for the potential of upside momentum that could drive the price toward its 52-week high and a potential breakout.

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

 

CCO.TO – Cameco Corp.

Cameco is in the setup phase, forming a bull flag continuation pattern.

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

 

CPG.TO – Crescent Point Energy Corp.

Crescent Point Energy is consolidating below recent highs. Monitor for the potential of upside momentum that may lead to a breakout.

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

 

STEP.TO – STEP Energy Services Ltd.

STEP Energy Services is making an attempt to break out from a bullish pennant continuation pattern. Keep a close eye on this potential breakout.

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

 

TOU.TO – Tourmaline Oil Corp.

The Tourmaline Oil setup maintains strong bullish volume as it breaks out. Monitor for the continuation of upside momentum.

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

 

U/UN.TO – Sprott Physical Uranium Trust

The Sprott Physical Uranium Trust setup we highlighted last night continues to accelerate higher.

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

 

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.

 

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