SYS Research – Daily Report Extended – Friday, October 6, 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.

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.

SYS Daily Report

The Daily Report Extended

Momentum is on the rise, and our scans began to illuminate potential opportunities before I hit the road. As a result, I’m pleased to bring you an extended edition of the Daily Setups, complete with the latest scan results, as the S&P 500 and NASDAQ accelerate higher from the support levels we’ve been highlighting each day.

S&P 500

Nasdaq Composite

US Daily Setups

ANET – Arista Networks, Inc.

Arista Networks is currently making an effort to trend higher from its basing pattern, positioned just below new all-time highs.

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

 

BSY – Bentley Systems, Inc.

Bentley Systems continues to show the potential for a breakout.

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

 

CDNS – Cadence Design Systems, Inc.

Cadence Design Systems is currently positioning itself on the right side of a significant basing pattern, situated just below new highs.

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

 

CRWD – CrowdStrike Holdings, Inc.

CrowdStrike is currently showing signs of breaking out from the pattern that we’ve been highlighting.

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

 

DUOL – Duolingo Inc.

Duolingol is presently consolidating on the right side of a significant basing pattern. Continue to monitor for a breakout.

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

 

FN – Fabrinet

Fabrinet continues to accelerate to new highs.

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

 

NVO – Novo Nordisk A S

Novo Nordisk is currently setting up just below a trigger line within the context of a bull flag continuation pattern.

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

 

PANW – Palo Alto Networks Inc.

Palo Alto Networks is presently consolidating toward the apex of a significant consolidation/continuation pattern, positioned just below new highs. Monitor closely for a potential breakout.

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

 

PDD – PDD Holdings Inc.

PDD Holdings is the name that has recently appeared in scan results, and it now appears to be breaking out from its basing pattern.

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

 

QLYS – Qualys, Inc.

Qualys appears to be in the process of breaking out from a continuation pattern.

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

 

TTD – Trade Desk Inc.

Trade Desk is currently setting up near the apex of a consolidation/continuation pattern. Monitor closely for a continuation of the uptrend.

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

 

ZS – Zscaler, Inc.

Zscaler continues to set up just below the breakout line. Monitor closely for potential upside momentum.

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

 

Canadian Daily Setups

BDGI.TO – Badger Infrastructure Solutions Ltd.

Badger Infrastructure Solutions is once again making an attempt to trend higher from its continuation pattern.

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

 

CVO.TO – Coveo Solutions Inc.

Coveo Solutions is currently positioning itself below a horizontal resistance line.

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

 

DCBO.TO – Docebo Inc.

Docebo is currently positioning itself on the right side of its basing pattern. Monitor for a breakout.

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

 

DFY.TO – Definity Financial Corp.

Definity Financial continues to appear on momentum scans as it positions itself below the trigger line of a significant consolidation/continuation pattern.

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

 

GLO.TO – Global Atomic Corporation

Global Atomic Corporation is appearing on momentum scans as its price action shows signs of trending higher from its continuation pattern.

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

 

META.NE – Meta Platforms Inc – Canadian Depository Receipt

Meta is currently positioning itself on the right side of a significant continuation pattern.

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

 

US 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.

 

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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