SYS Research – Canadian Daily Setups – Wednesday, September 20, 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 info@setyourstop.com or reach me through the Workspace. Let’s schedule a Zoom meeting to address your specific requirements and provide you with the guidance you need.

Canadian Daily Setups

AEM.TO – Agnico-Eagle Mines Ltd.

Agnico-Eagle Mines is displaying further signs of a breakout attempt, but it encountered resistance at the 200-day moving average. Keep a close watch for a potential breakout above this level.

LINK TO CHART – https://schrts.co/KXnAhaCr

 

K.TO – Kinross Gold Corp.

Kinross Gold is currently positioned near the apex of a consolidation/continuation pattern. Be attentive to any signs of upside momentum, as it may indicate a potential continuation of the uptrend.

LINK TO CHART – https://schrts.co/IdHCjCJS

 

LUG.TO – Lundin Gold Inc.

Lundin Gold is currently flagging off the 200-day moving average, with its price approaching the underside of a substantial volume-by-price bar resistance line. Keep an eye on this setup for a potential breakout, especially if the price of gold shows signs of strength.

LINK TO CHART – https://schrts.co/IwPceDGb

 

WMT.NE – Walmart Inc – Canadian Depository Receipt

Walmart is currently in a flagging pattern, with its price consolidating near the recent breakout line and the 21-exponential day moving average. Keep an eye on Walmart for potential developments, as a breakout from this flagging pattern could indicate a continuation of the uptrend.

LINK TO CHART – https://schrts.co/SUtghQNj

 

WPM.TO – Wheaton Precious Metals Corp.

Wheaton Precious Metals is forming a cup base pattern, and the resistance line within this pattern may act as a breakout trigger. Keep an eye on it for potential bullish signals.

LINK TO CHART – https://schrts.co/zNfFIhCs

 

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.

 

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