SYS Research – Daily Report – Monday, November 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 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

Shortened Week Amidst Fed Anticipation and Cryptocurrency Momentum

In today’s early edition of the daily report, we are navigating a truncated trading week, with Thursday observing closure for the Thanksgiving holiday and Black Friday hosting a half-day of trading. Against this backdrop, the major indexes are poised for a potential breakout, setting the stage for a pivotal week as investors eagerly await the release of the Federal Reserve’s minutes on Tuesday afternoon.

S&P 500

This Tuesday rendezvous is anticipated to unveil critical insights into the Federal Reserve’s perspective on forthcoming interest rate adjustments. As the minutes hit the wires, we will gain a clearer understanding of the central bank’s stance, providing valuable guidance for the trajectory of various markets. Investors are keenly attuned to this release, as it may offer pivotal cues influencing market trends in the immediate future.

Nasdaq Composite

Amidst this market climate, adherence to system rules remains paramount, recognizing that trends persist until they inevitably shift. As of now, the prevailing trend continues its course, echoing the age-old adage that a trend is a trend until it is not.

Shifting our focus to the crypto sphere, it is imperative to monitor Bitcoin closely. The current landscape suggests a favorable environment for an uptrend continuation. As setups within the cryptocurrency space maintain their allure, investors would be prudent to stay attuned to potential opportunities that may arise.

In conclusion, as we traverse this abbreviated trading week, the financial landscape is laden with anticipation and potential opportunities. Stay tuned for our post-Fed minutes analysis, providing insights into the prevailing market sentiment and potential shifts in the days ahead. Now, onto the daily setups.

US Daily Setups

COIN – Coinbase Global Inc.

Coinbase is now pushing above the next resistance line that was highlighted in the weekend report.

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

 

ETHE – Grayscale Ethereum Trust

Grayscale Ethereum Trust is setting up in the form of a bull flag continuation pattern.

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

 

MARA – Marathon Digital Holdings Inc

Marathon Digital is attempting to break out from the rounded bottoming pattern we’ve been monitoring.

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

 

MDB – MongoDB, Inc.

MongoDB appears to be breaking out from the pattern highlighted in the weekend report.

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

 

MSTR – MicroStrategy Inc.

MicroStrategy is attempting to push higher from a bull flag continuation pattern.

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

 

NVO – Novo Nordisk A S

Novo Nordisk appears to be now positioned for a potential breakout.

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

 

PLTR – Palantir Technologies, Inc.

The Palantir setup is now breaking out to 52-week highs.

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

 

SMCI – Super Micro Computer, Inc

Super Micro Computer is attempting to break out from the continuation pattern that has consistently been highlighted.

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

 

Canadian Daily Setups

ALA.TO – AltaGas Ltd.

AltaGas is pushing to a 52-week high from a continuation pattern or an area of consolidation.

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

 

EFR.TO – Energy Fuels, Inc.

Energy Fuels is attempting a continuation pattern breakout.

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

 

ENGH.TO – Enghouse Systems Ltd.

Enghouse Systems continues to set up at the right side of its bottoming pattern.

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

 

LIF.TO – Labrador Iron Ore Royalty Corp.

Labrador Iron Ore Royalty has worked its way toward the apex of a significant consolidation pattern. Monitor for potential breakout signals.

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

 

NXE.TO – NexGen Energy Ltd.

NexGen Energy is now breaking out from the continuation pattern we’ve highlighted.

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

 

PPL.TO – Pembina Pipeline Corp.

Pembina Pipeline is attempting to trend higher from a bull flag or bullish pennant-type continuation pattern.

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

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!

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.

AAPL, ABBV, ABT, ACGL, ACMR, ADI, ADSK, AFRM, AFYA, AGRO, AGX, AIZ, AJG, AKAM, ALKT, ALPN, AM, AMAT, AMD, AMZN, ANF, APA, APG, APO, APP, ARCO, ARES, ARGX, ARKK, AROC, ASAN, ATGE, AVAV, AVGO, AXON, AXP, AYI, AZEK, AZO, AZUL, BAC, BAESY, BAH, BALL, BBVA, BBW, BCC, BCO, BG, BITO, BITW, BK, BLKB, BLX, BP, BR, BRK/B, BRO, BRZE, BSY, BUR, BWXT, BX, C, CAH, CARG, CARR, CASY, CCAP, CCCS, CCI, CCJ, CCOI, CDAY, CDW, CE, CEIX, CELH, CHKP, CHRD, CLH, CLS, CLW, CMPR, CNA, CNO, COCO, COIN, COLL, COOP, COP, COR, CORZQ, COST, CR, CRBG, CRESY, CRM, CRS, CRSP, CRWD, CSTM, CSWC, CSX, CTSH, CVLT, CW, CWAN, CXM, CYBR, DAC, DB, DBX, DFIN, DHT, DINO, DKNG, DLO, DLR, DNN, DT, DUOL, DVN, DXCM, EA, EADSY, EDU, EFX, EG, ELTK, EMN, ENSG, ENTG, EOG, EPAC, EPAM, EQIX, ERJ, ESTC, ETR, EVR, FANG, FCX, FE, FFIV, FICO, FIHL, FLR, FNF, FRO, FROG, FSS, FTI, FUTU, GBDC, GBTC, GD, GDYN, GE, GEHC, GEN, GFF, GIB, GLOB, GLRE, GOOG, GOOGL, GPCR, GPS, GSHD, GWRE, HCA, HDSN, HEI, HII, HP, HRB, HSBC, HST, HTGC, HUBS, HUT, IBM, IDCC, IDT, IHG, IIPR, IMO, INSW, INTA, INTC, INVH, IOT, IRM, ISRG, ITT, J, JBL, KEYS, KHC, KKR, KMI, KTOS, L, LBRT, LECO, LH, LHX, LI, LLY, LNG, LNW, LPG, LPLA, LRCX, LULU, LZB, MAIN, MAR, MARA, MBLY, MCD, MCHP, MCO, MDB, MET, META, MG.TO, MITK, MNDY, MNSO, MOH, MPC, MRK, MSFT, MSTR, MTB, MTSI, MUSA, NCNO, NDAQ, NET, NFLX, NGVC, NMIH, NOC, NOW, NR, NTAP, NTES, NTNX, NTRS, NU, NVDA, NVO, NWSA, NXE, NXPI, NXT, NYT, OBDC, OKE, OLED, ONTO, ORCL, ORLY, OSG, PANW, PARA, PARR, PATH, PAY, PAYX, PBR, PCAR, PCG, PDD, PEG, PEGA, PGR, PINS, PLTR, POWL, POWW, PPL, PR, PSTG, PSX, PWSC, PXD, QLYS, RACE, RAMP, RCL, RDNT, RDY, RELX, RHI, RHP, RMBS, RNR, ROST, RPD, RWAY, SAH, SAIA, SAIC, SAP, SCS, SDRL, SHEL, SHOP, SKM, SKX, SMAR, SMCI, SN, SNA, SNOW, SNX, SPG, SPGI, SPOT, SRE, STLA, STLD, STNG, STX, SUN, SWBI, SYF, T, TDC, TDG, TIPT, TNK, TREX, TRGP, TRI, TRIN, TRMD, TRV, TS, TSM, TTE, TTEK, TTWO, TW, TXT, UBER, UBS, UEC, UHS, UNP, URA, URBN, URG, URNJ, URNM, USAP, UUUU, VECO, VERX, VIPS, VIST, VOYA, VRNS, VRSK, VRSN, VST, VTR, VZ, WDC, WELL, WFRD, WIX, WMB, WPM, WSM, WTFC, WWD, WY, XLK, XPEV, YELP, YY, ZS

 

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.

AAPL.NE, AAV.TO, ABX.TO, AEM.TO, AGI.TO, AKE.TO, AKT/A.TO, ALA.TO, AMZN.NE, AOI.TO, ARE.TO, ARIS.TO, ARX.TO, ASTL.TO, ATD.TO, ATD/A.TO, ATH.TO, BA.NE, BAM/A.TO, BB.TO, BBD/B.TO, BHC.TO, BN.TO, BRK.NE, BTE.TO, CAD.V, CCO.TO, CEU.TO, CFP.TO, CGX.TO, CIA.TO, CJ.TO, CM.TO, CNE.TO, CNQ.TO, CPG.TO, CRON.TO, CS.TO, CSH/UN.TO, CTF/UN.TO, CUR.V, CVE.TO, CVO.TO, DBM.TO, DFN/PA.TO, DHT/UN.TO, DML.TO, DND.TO, DRM.TO, DRX.TO, EDV.TO, EFN.TO, EFR.TO, EIT/UN.TO, ENB.TO, ENGH.TO, EQX.TO, ERF.TO, ERO.TO, ESI.TO, EU.V, EXE.TO, EXRO.TO, FC.TO, FCU.TO, FIL.TO, FOM.TO, FRU.TO, FTG.TO, GIB/A.TO, GIL.TO, GLO.TO, GOOG.NE, GRB.V, GTE.TO, H.TO, HPS/A.TO, HUT.TO, HWX.TO, IAG.TO, IAU.TO, IFC.TO, IMO.TO, IPCO.TO, ISO.V, IVN.TO, KEL.TO, KEY.TO, LAAC.TO, LIF.TO, LMN.V, LSPD.TO, LUN.TO, MCB.TO, MEEC.V, MEG.TO, MFC.TO, MG.TO, MSFT.NE, MTL.TO, MVRS.NE, MX.TO, NFI.TO, NFLX.NE, NGD.TO, NGEX.V, NGT.TO, NVDA.NE, NXE.TO, NXR/UN.TO, ONC.TO, OPS.TO, OR.TO, ORL.TO, OVV.TO, PAY.TO, PEY.TO, PMZ/UN.TO, POU.TO, POW.TO, PPL.TO, PRQ.TO, PRV/UN.TO, PSI.TO, PXT.TO, QBR/B.TO, RBY.TO, SGR/UN.TO, SHOP.TO, SLF.TO, SOY.TO, SPB.TO, STC.TO, SU.TO, TD.TO, TECK/B.TO, TNT/UN.TO, TRI.TO, TRP.TO, U/UN.TO, URE.TO, VERS.NE, VET.TO, VHI.TO, VLE.TO, WCP.TO, WPM.TO, WUC.CA, ZZZ.TO

 

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