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 Zoom meeting to address your specific requirements and provide you with the guidance you need.
Canadian Daily Setups
COST.NE – Costco Wholesale Corp – Canadian Depository Receipt
Costco is currently consolidating just below its 52-week highs. It’s worth keeping a close watch for any potential breakout in the near future.
LINK TO CHART – https://schrts.co/kcisZAXA
FFH.TO – Fairfax Financial Holdings Ltd.
Fairfax Financial is currently showing signs of attempting to trend towards new highs.
LINK TO CHART – https://schrts.co/bwkcCIWJ
IAG.TO – Industrial-Alliance Life Insurance Co.
Industrial-Alliance is currently testing a resistance line after a successful 200-day moving average test. Keep a close eye on the stock for a potential continuation of the uptrend.
LINK TO CHART – https://schrts.co/NmUYeyaz
MFC.TO – Manulife Financial Corp.
Manulife Financial is persistently attempting to establish an upward trend from the pattern we previously highlighted.
LINK TO CHART – https://schrts.co/mFGYqFHR
MVRS.NE – Meta Platforms Inc – Canadian Depository Receipt
Meta Platforms is currently consolidating within a continuation pattern. Keep an eye out for a potential breakout.
LINK TO CHART – https://schrts.co/YAzMrBHY
TSLA.NE – Tesla Inc. – Canadian Depository Receipt
Tesla is presently in a consolidation phase above the moving averages, with price action forming a continuation triangle pattern. Keep a close watch on the stock for potential developments.
LINK TO CHART – https://schrts.co/ZJUzizRE
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.