Notice: The Daily Setups report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.
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.
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
ASTL.TO – Algoma Steel Group Inc.
Algoma Steel continues to attempt its breakout.
ATS.TO – ATS Corporation
ATS appears to be set up below a significant long-term horizontal resistance line. Monitor to see whether price action can begin breaking out above this level.
BBU/UN.TO – Brookfield Business Partners LP
Brookfield Business Partners appears to be setting up on the right side of a multi-month base. Monitor to see whether price action can begin breaking out above resistance.
BCBN.NE – Base Carbon Inc.
Base Carbon appears to be setting up on the right side of a multi-month base. Monitor whether price action is beginning to break out.
CP.TO – Canadian Pacific Railway
Canadian Pacific continues to accelerate higher from the setup previously highlighted, with price action now approaching a potential resistance level. Monitor how price reacts at this area. On a higher timeframe, price action is setting up just below a new high, and holding above its moving averages would be constructive and could support a larger breakout and resumption of the prevailing trend.
CTH.V – CoTec Holdings Corp.
CoTec Holdings continues to appear in scan results as price action attempts to break out from a base, supported by robust volume.
MG.TO – Magna Intl, Inc.
Magna is experiencing bullish options activity to date in the U.S., as noted in the unusual activity report. Monitor to see whether price action can continue trending above its moving averages.
NTR.TO – Nutrien Ltd.
Nutrien is consolidating in the form of a potential continuation pattern. Monitor for signs of upside momentum.
PRL.TO – Propel Holdings Inc.
Propel Holdings is now setting up below the next level of horizontal resistance. Monitor for potential breakout signals.
RY.TO – Royal Bank of Canada
Royal Bank is attempting to break out from a continuation pattern while Canadian banks more broadly continue to show strength.
SLF.TO – Sun Life Financial Services of Canada, Inc.
Sun Life Financial continues to set up along a horizontal resistance line. Monitor for potential breakout signals.
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
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
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
CDB.V, KCC.V, AHR.V, TNGD.V, TUNG.CA, CYBE.V, IMP.TO, SCOT.V, HAI.TO, FORA.TO, TLG.TO, LGD.TO, PLSR.V, VGZ.TO, NAU.V, KRY.V, SBI.TO, OGO.V, URL.CA, REAL.TO, GAU.TO, MAU.TO, BLM.V, ATS.TO, CTH.V, ECU.V, NG.TO, FWZ.V, ARIS.TO, FISH.V, NEO.TO, CGY.TO, ASTL.TO, BCBN.NE, ALV.V, MCB.TO, ELD.TO, ORC/B.V, MLP.V, FOM.TO, WEF.TO, BZ.V, MG.TO, USA.TO, WDO.TO, AGMR.V, BTO.TO, AGI.TO, LULU.NE, LULU.TO, SSRM.TO, FMT.V, LCX.V, MX.TO, GQC.V, MRE.TO, FNV.TO, DRM.TO, CNR.TO, PSIL.CA, STC.TO, SPB.TO, CAS.TO, CP.TO, ALYA.TO, DC/A.TO, WTE.TO, ELE.V, TAU.V, KNT.TO, CCDS.V, CJ/WT.TO, PFE.NE, PFE.TO, GRGD.TO, CG.TO, AQN.TO, TOY.TO, ELO.TO, ABXX.NE, DXT.TO, OR.TO, YGR.TO, CKG.V, EQX.TO, EQX.V, HHH.V, OGC.TO, RAY/A.TO, SJ.TO, TSLA.NE, TSLA.TO, GASX.V, BN.TO, LGO.TO, TFPM.TO, XAU.TO, BYD.TO, CRON.TO, GOT.V, RBX.V, BNT.TO, CDR.TO, FCR/UN.TO, NOM.CA, SLF.TO, CCCM.V, EQB.TO, BIP/UN.TO, LN.TO, CAE.TO, ARTG.V, IMG.TO, MDI.TO, CRDL.TO, EFN.TO, NTR.TO, CCA.TO, CJT.TO, PMZ/UN.TO, TFII.TO, BIPC.TO, RCI/B.TO, BBU/UN.TO, DFN.TO, ACQ.TO, RCH.TO, SEA.TO, WPM.TO, VBNK.TO, BRC.V, ENS.TO, NWH/UN.TO, PRL.TO, PRL/R.TO, EXE.TO, AD/UN.TO, CCL/B.TO, LNR.TO, ATZ.TO, WFG.TO, K.TO, RBA.TO, MSA.TO, AEM.TO, NGEX.TO, OMG.V, CEU.TO, ENB.TO, RUS.TO, TSU.TO, CVE.TO, KEL.TO, MRG/UN.TO, ACO/X.TO, ACX.TO, BCE.TO, VLE.TO, NFI.TO, TECK/B.TO, FTS.TO, RUA.V, CU.TO, T.TO, ONAU.V, AYA.TO, DIR/UN.TO, FVI.TO, PNG.V, BK.TO, QBR/B.TO, PHX.TO, CAR/UN.TO, H.TO, ABRA.TO, ATD.TO, ATD/A.TO, FAR.TO, LIF.TO, UPS.NE, RY.TO, SOIL.TO, BMO.TO, SIA.TO, DF.TO, NPI.TO, WPK.TO, ET.TO, MFC.TO, NA.TO
