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
DFY.TO – Definity Financial Corp.
Definity Financial appears to be setting up just below horizontal resistance. Monitor to see whether price action can begin to break through.
HBM.TO – HudBay Minerals Inc.
HudBay Minerals appears to be setting up for a potential breakout from a continuation pattern.
LIFT.V – Li-FT Power Ltd.
Li-FT Power continues to show up on momentum scans, as reflected in the price action on the chart. It is exhibiting volatile characteristics, which should be expected going forward, but monitor to see whether a trend can continue to form.
MG.TO – Magna Intl, Inc.
Magna is experiencing bullish options activity in the U.S., as seen in the Unusual Activity Report. Monitor to see whether price action can begin breaking above horizontal resistance.
TVK.TO – TerraVest Industries Inc.
TerraVest Industries is showing up on the momentum scanner and may be a name to keep on a watchlist as tax-loss selling season comes to a close. Monitor to see whether price action can begin taking out the resistance level.
VBNK.TO – VersaBank
VersaBank is attempting to break out from a bottoming pattern, with overhead resistance near the $19 level. Monitor to see whether a trend can begin to form, noting that the large volume-by-price bar on the left side of the chart suggests overhead resistance may become a factor.
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
LIFT.V, OMG.V, SKNY.CA, SHLE.TO, KITS.TO, FNM.V, SICO.V, BZ.V, SCZ.V, WERX.CA, CRON.TO, VBNK.TO, AHR.V, BK.TO, MLP.V, LSPD.TO, KRY.V, STLR.TO, CCCM.V, FTN.TO, LNR.TO, WAM.V, DHT/UN.TO, AUUA.V, PLTR.NE, TSAT.TO, TRZ.TO, SOY.TO, SFC.TO, LUN.TO, MRE.TO, MU.NE, CNL.TO, MMA.V, BMM.V, GRA.TO, TCL/A.TO, SHOP.TO, DCBO.TO, NPR.V, AP/UN.TO, PSIL.CA, HBFG.CA, VEGN.CA, ARG.TO, MAXM.CA, TSU.TO, GMIN.TO, GRGD.TO, STCK.TO, MG.TO, HCH.V, ASCU.TO, DFY.TO, PNG.V, XTD.TO, AAV.TO, EMPR.V, FFN.TO, FFH.TO, SUNN.NE, HMR.V, MKP.TO, PEY.TO, TVK.TO, TD.TO, HBM.TO, JUGR.V, BLN.TO, BMO.TO, DF.TO, VIPR.V, LCS.TO, CBK.CA, FDY.TO, BDT.TO, MTL.TO, PIC/A.TO, PSK.TO, RUS.TO, WPK.TO, KSM.V, SAP.TO, MNO.TO, PRV/UN.TO, SBC.TO, TIH.TO, DNG.TO, LULU.NE, CHE/UN.TO, ABRA.TO, CVO.TO, IFC.TO, VGZ.TO, SJ.TO, GWO.TO, MER.TO, IAG.TO, HUT.TO, WJX.TO, FM.TO, HMMC.V, DC/A.TO, TFII.TO, PHOS.CA, AX/UN.TO, NIM.V, ATX.V, TAU.V, WTE.TO, AU.V, CG.TO, CM.TO, CS.TO, ERO.TO, PDN.TO, POW.TO, SGD.TO, BNXA.V, PFE.NE, BTB/UN.TO, RY.TO, BIPC.TO, NUAG.TO, SGR/UN.TO, CERT.V, TPZ.TO, TRBR.V, BAM.TO, EFX.TO, PMZ/UN.TO, CRR/UN.TO, DGS.TO, RCH.TO, KTN.V
