SYS Research – Canadian Daily Setups – Wednesday, October 4, 2023

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 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

CMG.TO – Computer Modelling Group Ltd.

Computer Modelling Group is currently attempting to trend higher above the 21-day exponential moving average following its bull flag breakout.



COST.NE – Costco Wholesale Corp – Canadian Depository Receipt

Costco continues to set up near its 52-week highs. Monitor for a continuation of the uptrend.



DFY.TO – Definity Financial Corp.

Definity Financial has been appearing on momentum scans in the last few days. Price action is consolidating in the form of a continuation pattern. Monitor for a potential breakout.



GOOG.NE – Alphabet Inc – Canadian Depository Receipt

Alphabet is currently maintaining its position along the 50-day moving average.



MVRS.NE – Meta Platforms Inc – Canadian Depository Receipt

Meta is currently consolidating at the narrow apex of a continuation pattern.



TSLA.NE – Tesla Inc. – Canadian Depository Receipt

Tesla is persistently rising from the lower trendline of the continuation pattern that we’ve been highlighting. Pay attention to the PPO momentum indicator as it attempts to turn higher from the zero line. Keep a watchful eye out for a potential breakout.



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 for further analysis and tracking or copy and paste the ticker list into your chart provider.


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