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: 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
AEP.V – Atlas Engineered Products Ltd.
Atlas Engineered Products continues to demonstrate resilience amidst a weak market tape.
LINK TO CHART – https://schrts.co/eEkzKEVx
BIR.TO – Birchcliff Energy Limited
Birchcliff Energy demonstrated a day of positive price action amidst an overall weak market environment.
LINK TO CHART – https://schrts.co/gQqyQVyn
GSY.TO – goeasy Ltd.
goeasy continues to consolidate near its 52-week highs while bucking the market trend.
LINK TO CHART – https://schrts.co/hGzWsEGy
LIF.TO – Labrador Iron Ore Royalty Corp.
Labrador Iron Ore Royalty is appearing on momentum scans as its price action approaches the apex of a significant multi-year consolidation pattern. Notably, a large volume by price bar on the left side of the chart aligns with the horizontal resistance/trigger line.
LINK TO CHART – https://schrts.co/BPqHKDPX
PRMW.TO – Primo Water Corporation
Primo Water is currently attempting to trend higher from a bullish flag continuation pattern. This pattern typically indicates a temporary pause in an uptrend before resuming upward momentum. Monitoring price action closely could provide confirmation of this bullish pattern.
LINK TO CHART – https://schrts.co/IQXGubYf
TMG.V – Thermal Energy Intl, Inc.
Thermal Energy is consolidating as it approaches the apex of a continuation pattern. It’s worth noting that the company is scheduled to report earnings on April 25th. Monitoring the price action leading up to this event could provide insights into potential market sentiment and trading opportunities following the earnings announcement. Remember, holding a stock through an earnings report is always akin to gambling.
LINK TO CHART – https://schrts.co/KPIdQHZq
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
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 – 2024-04-17
AAV.TO, AAWH/U.CA, AC.TO, ACT.CA, AEM.TO, AEP.V, AFM.V, AKG.TO, ALA.TO, AMRQ.V, ARIS.TO, ARR.TO, ASCU.TO, ATZ.TO, AX/UN.TO, AYR/A.CA, BIR.TO, BLN.TO, BPF/UN.TO, CCL/B.TO, CF.TO, CG.TO, CJT.TO, CL.CA, CMG.TO, CRRX.TO, CSH/UN.TO, CSU.TO, CURA.TO, CVE.TO, DNG.TO, DOL.TO, DPM.TO, DRX.TO, E.TO, EIT/UN.TO, ENGH.TO, FDR.V, FFH.TO, FIL.TO, FNV.TO, FOM.TO, FORA.TO, GAU.TO, GIB/A.TO, GMIN.TO, GOOG.NE, GSY.TO, IMG.TO, ITR.V, IVN.TO, K.TO, KRR.TO, L.TO, LAAC.TO, LIF.TO, LUG.TO, LUN.TO, MAG.TO, MDI.TO, MKO.V, MSA.TO, NGT.TO, NVA.TO, OR.TO, OSK.TO, PKI.TO, PRMW.TO, PTM.TO, RUP.TO, SDE.TO, SEA.TO, SIL.TO, SJ.TO, SSL.TO, SU.TO, TA.TO, TFPM.TO, TRUL.CA, TXG.TO, VHI.TO, VLE.TO, VRNO.NE, WDO.TO, WED.V, WPM.TO
