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
ATH.TO – Athabasca Oil Sands Corp.
Athabasca Oil Sands is now breaking out to a 52-week high. Monitor closely for potential confirmation and further upward momentum.
LINK TO CHART – https://schrts.co/TqmrhPes
CVE.TO – Cenovus Energy Inc.
Cenovus Energy is flagging below a level of horizontal resistance. Keep a close watch for any potential breakout signals in the upcoming sessions.
LINK TO CHART – https://schrts.co/DxKWkdAD
IMO.TO – Imperial Oil Ltd.
Imperial Oil is attempting to trend higher from its multi-month consolidation/continuation pattern. Keep a close eye for potential confirmation of this upward movement.
LINK TO CHART – https://schrts.co/kZQEAcDR
OVV.TO – Ovintiv Inc
Ovintiv is now breaking out from the recently highlighted wedge pattern. Monitor closely for confirmation and potential continuation of this breakout.
LINK TO CHART – https://schrts.co/PzvXpyqJ
SU.TO – Suncor Energy, Inc.
Keep a watchful eye on Suncor Energy post-earnings report, as the price action sets up on the right side of a textbook, multi-year consolidation/continuation pattern. Monitor for potential developments in the coming sessions.
LINK TO CHART – https://schrts.co/HVDyMTrS
TOT.TO – Total Energy Services Inc.
Total Energy Services appears to be set up below multi-year highs, positioned on the right side of a significant base. Keep a close eye for potential signs of a breakout in the near future.
LINK TO CHART – https://schrts.co/sAtdIDJp
To bring our report to a close, we thank you for your engagement and insights. Your feedback is of great value, 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 – 2024-02-21
AAV.TO, ACO/X.TO, ALA.TO, ARG.TO, ARX.TO, ATH.TO, ATRL.TO, AX/UN.TO, BDI.TO, BEI/UN.TO, BHC.TO, BIPC.TO, BRAG.TO, BRM.V, BTE.TO, CAR/UN.TO, CAS.TO, CCA.TO, CDR.TO, CEU.TO, CHP/UN.TO, CHR.TO, CJ.TO, CLP/UN.TO, CNQ.TO, CNR.TO, CPG.TO, CPLF.TO, CRON.TO, CRR/UN.TO, CRT/UN.TO, CS.TO, CTC/A.TO, CTS.TO, CU.TO, CURA.TO, CVE.TO, CWB.TO, DFY.TO, DOO.TO, DR.TO, EDR.TO, EFX.TO, EIF.TO, EIT/UN.TO, EMA.TO, ENB.TO, ERF.TO, ERO.TO, FIH/U.TO, FM.TO, FOM.TO, FRU.TO, FTG.TO, FTS.TO, GDC.TO, GEI.TO, GLO.TO, GOOS.TO, HME.V, HPS/A.TO, HUGE.CA, IIP/UN.TO, IMO.TO, IPCO.TO, IPO.TO, JOY.TO, JPM.NE, JWEL.TO, KEY.TO, KMP/UN.TO, KNT.TO, KRR.TO, LB.TO, LNR.TO, MDNA.TO, MEG.TO, MRE.TO, MRG/UN.TO, MSFT.NE, NGEX.V, NPK.TO, NWC.TO, NXR/UN.TO, OBE.TO, OLA.TO, ONEX.TO, OVV.TO, PBH.TO, PD.TO, PEY.TO, PHX.TO, PINK.V, PKI.TO, PLC.TO, PMZ/UN.TO, PNE.TO, POU.TO, POW.TO, PPL.TO, PRMW.TO, PSK.TO, RECO.V, REI/UN.TO, SAP.TO, SDE.TO, SEA.TO, SES.TO, SGY.TO, SIA.TO, SRU/UN.TO, SSL.TO, STEP.TO, SU.TO, T.TO, TCL/A.TO, TCW.TO, TF.TO, THNC.TO, TIH.TO, TNZ.TO, TPZ.TO, TRP.TO, TUO.V, TXG.TO, VHI.TO, VLE.TO, WCP.TO, WDO.TO, WRN.TO, WTE.TO, X.TO
