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
AMZN.NE – Amazon.com Inc. – Canadian Depository Receipt
Amazon is forming a potential bullish flag continuation pattern following its earnings report. Any upside strength may be contingent on the direction of the overall market. Keep an eye on both the pattern formation and broader market movements for potential trading opportunities.
LINK TO CHART – https://schrts.co/jNEsQYKt
BEPC.TO – Brookfield Renewable Corporation
Brookfield Renewable surged following an arrangement with Microsoft for electricity provision. Consider adding it to your watchlist to monitor for a potential bottom formation. Look for signs of continued upside strength, which could signal a trend reversal.
LINK TO CHART – https://schrts.co/WtVRZAqQ
DML.TO – Denison Mines Corp.
Denison Mines continues to consolidate above the recent breakout line. Monitor closely for any signs of a continuation of the uptrend, especially as the spot price of uranium continues to trend upward.
LINK TO CHART – https://schrts.co/aYPceTIp
GOOG.NE – Alphabet Inc – Canadian Depository Receipt
Alphabet appears to be consolidating back to the recent breakout line in the form of a bullish flag continuation pattern. Monitor closely to see if price action can hold the breakout level.
LINK TO CHART – https://schrts.co/bejGtAKC
U/UN.TO – Sprott Physical Uranium Trust
The Sprott Physical Uranium Trust is attempting to move higher from its recent area of consolidation. Keep an eye on its price action for potential confirmation of this upward movement.
LINK TO CHART – https://schrts.co/WUUefufa
URE.TO – Ur-Energy, Inc.
Ur-Energy appears to be attempting to break out from its multi-month consolidation pattern. Keep a close watch for confirmation of this breakout, which could signal a potential uptrend continuation.
LINK TO CHART – https://schrts.co/vBIjSWwXk
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 – 2024-05-01
AC.TO, ACO/X.TO, ACQ.TO, AD/UN.TO, AEM.TO, AGI.TO, AIF.TO, AKG.TO, AND.TO, AQN.TO, ARIS.TO, ARTG.V, AX/UN.TO, BAM/A.TO, BAMR.TO, BB.TO, BBD/B.TO, BCE.TO, BDT.TO, BEP/UN.TO, BEPC.TO, BIP/UN.TO, BLX.TO, BN.TO, BNRE.TO, BYD.TO, CAE.TO, CCL/B.TO, CFX.TO, CGX.TO, CHE/UN.TO, CIX.TO, CLS.TO, CRDL.TO, CSW/A.TO, CU.TO, CWB.TO, CXB.TO, DC/A.TO, DFN.TO, DFN/PA.TO, DFY.TO, DIR/UN.TO, DNG.TO, DOL.TO, DPM.TO, DRM.TO, DSG.TO, E.TO, EDR.TO, EFX.TO, ENB.TO, ERO.TO, EU.V, EXE.TO, FFH.TO, FNV.TO, FTN.TO, FTS.TO, FVI.TO, GAU.TO, GSY.TO, GTWO.TO, GWO.TO, H.TO, IAG.TO, IFC.TO, IFP.TO, IGM.TO, IMCC.CA, INE.TO, KXS.TO, L.TO, LABZ.NE, LB.TO, MAG.TO, MAU.V, MDA.TO, MFC.TO, MKO.V, MSA.TO, MX.TO, NA.TO, NG.TO, NGD.TO, NGEX.TO, NPI.TO, NVEI.TO, NWH/UN.TO, OGC.TO, OLA.TO, OSK.TO, PAAS.TO, PFE.NE, PIF.TO, PMET.TO, PMZ/UN.TO, POW.TO, PRMW.TO, PSI.TO, RCH.TO, RY.TO, SEA.TO, SGR/UN.TO, SIA.TO, SII.TO, SIL.TO, SIS.TO, SJ.TO, SKE.TO, SLF.TO, SLI.V, SPB.TO, SSL.TO, STN.TO, TF.TO, TFPM.TO, TNT/UN.TO, TSU.TO, U/U.TO, U/UN.TO, URE.TO, VHI.TO, WDO.TO, WIFI.CA, WN.TO, WPK.TO, WPM.TO, ZDC.V
