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
S&P 500 Nears All-Time High Amidst 2023 Optimism, Bitcoin Takes Center Stage
In a display of ongoing market optimism following a challenging 2022, the S&P 500 edged close to an all-time high on Wednesday. Meanwhile, Bitcoin maintained its status as the talk of the town, driving our Bitcoin mining stocks to new heights.
The S&P 500 inched up by 0.1% on Wednesday, standing just 0.3% below its January 2022 record close. The Nasdaq Composite, dominated by tech stocks, also gained 0.2%, while the Dow Jones Industrial Average notched a 0.3% increase, reaching its sixth record high this month with a gain of approximately 111 points.
Indexes
Bitcoin, the leading cryptocurrency, experienced a price surge. Despite trading within the $41,000 to $44,000 range since early December, it has more than doubled in value this year. Our Bitcoin mining setup has been a major contributor to this success, consistently outperforming other investments in the market. The results speak for themselves, as Bitcoin continues to be a compelling choice for investors in 2023.
Bitcoin – Daily Chart
As Bitcoin continues to defy expectations, echoing the sentiment of Nobel laureate Milton Friedman, ‘I think that the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing, but that will soon be developed, is a reliable e-cash.’ Now, let’s shift our focus to the setups section, where we tune into the market pulse with the precision of a momentum scanner.
US Daily Setups
CELH – Celsius Holdings Inc.
Celsius is set up in the structure of a continuation wedge.
LINK TO CHART – https://schrts.co/iuSGkIMv
ETHE – Grayscale Ethereum Trust
The Grayscale Ethereum Trust we’ve been highlighting since its initial breakout is currently breaking out to achieve another new 52-week high.
LINK TO CHART – https://schrts.co/bppbEchJ
GCT – GigaCloud Technology Inc.
GigaCloud Technology consistently appears on momentum scans as its price action approaches a new 52-week high, accompanied by bullish volume.
LINK TO CHART – https://schrts.co/yubRRDaI
LEU – Centrus Energy Corp.
Centrus Energy is making an attempt to trend higher from a continuation pattern. Pay attention to the large volume by price bars throughout the pattern, indicating potential accumulation.
LINK TO CHART – https://schrts.co/dsdEMWyC
MAMA – MamaMancini’s Holdings, Inc.
MamaMancini’s is poised for a potential base breakout, accompanied by bullish volume.
LINK TO CHART – https://schrts.co/BdBKIXif
MSTR – MicroStrategy Inc.
MicroStrategy continues its upward ascent, forming a staircase pattern as it breaks out to yet another new 52-week high.
LINK TO CHART – https://schrts.co/rPvSHGbh
TSLA – Tesla Inc.
Tesla is making an attempt to trend higher from the continuation pattern we’ve been monitoring.
LINK TO CHART – https://schrts.co/vyfIvpKd
Canadian Daily Setups
AMD.NE – Advanced Micro Devices Inc. – Canadian Depository Receipt
The AMD setup is continuing its uptrend.
LINK TO CHART – https://schrts.co/uvpJFMaK
CBIT.V – Cathedra Bitcoin Inc.
Cathedra Bitcoin has just printed another significant volume bar, the second highest of the year. Keep a close watch for a potential breakout.
LINK TO CHART – https://schrts.co/AFYYAJiG
CXB.TO – Calibre Mining Corp.
Calibre Mining is making an attempt to break out from a substantial continuation wedge, supported by a bullish volume profile.
LINK TO CHART – https://schrts.co/jzvQtvDE
ECN.TO – ECN Capital Corp.
ECN Capital is set up for a potential bottoming pattern breakout.
LINK TO CHART – https://schrts.co/hhxCFehs
HUT.TO – Hut 8 Mining Corp
Hut 8 Mining is now breaking out with authority.
LINK TO CHART – https://schrts.co/kEqVXmZv
TSLA.NE – Tesla Inc. – Canadian Depository Receipt
Tesla is making an attempt to trend higher from the continuation pattern we’ve been monitoring.
LINK TO CHART – https://schrts.co/HZCyzSkV
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.
EXPORT – US Watchlist Scan – 2023-12-27
AAON, AAPL, ABBNY, ABT, ACM, ACN, ADEA, ADP, ADSK, AEO, AEP, AFL, AFRM, AGI, AGM, AGYS, AIG, AIT, AIZ, AJG, ALG, ALLE, ALSN, ALTR, ALV, AMAT, AMCR, AMD, AMGN, AMPH, AMR, AMT, AMWD, AMZN, ANSS, AOS, APG, APO, APP, ARBK, ARCB, ARCO, ARES, ARKK, ARM, ATEYY, ATGE, ATI, ATO, AVB, AVGO, AWI, AX, AXP, AZUL, BAESY, BAM, BBVA, BBY, BCC, BCO, BCSF, BECN, BEN, BFST, BIIB, BITQ, BK, BKNG, BLD, BLDR, BLOK, BLX, BMI, BR, BRK/B, BRO, BSBR, BSX, BTBT, BUR, BVN, BX, C, CAMT, CASY, CAT, CAVA, CB, CBAY, CBRE, CCAP, CCEP, CCJ, CCOI, CCS, CDAY, CDW, CE, CELH, CENT, CENTA, CFB, CHCO, CHD, CHKP, CINF, CL, CLS, CLSK, CLX, CMCSA, CME, CMPR, CMS, CNC, CNM, COIN, COKE, COO, COPX, COR, CORZQ, COST, CPS, CR, CRC, CRH, CRL, CRS, CRVL, CRWD, CSAN, CSGP, CSTM, CSWC, CSWI, CTAS, CUBI, CVLG, CW, CWCO, CYBR, DAC, DASH, DAVA, DB, DD, DEFTF, DELL, DFS, DGHI, DGX, DHR, DKNG, DLB, DLR, DLTR, DRI, DRS, DSGR, DTM, DV, DVAX, DY, E, EAT, EHC, EIX, EME, EMR, ENSG, EQIX, EQR, ES, ESAB, ESE, ET, ETHE, ETN, EVR, EVRG, EXR, FA, FCN, FCX, FDIG, FDS, FIVE, FLEX, FLNC, FLS, FLT, FN, FNF, FRPT, FSLR, FSS, FTV, FWRG, GBX, GCT, GD, GDX, GDXJ, GDYN, GE, GEL, GEOS, GFF, GFI, GGG, GIB, GIFI, GIII, GILD, GLD, GLNCY, GLW, GMS, GNE, GNTX, GOLF, GPI, GPN, GRMN, GWRE, HAYN, HCC, HCI, HDSN, HEI, HIG, HII, HIVE, HLNE, HON, HRB, HRI, HSBC, HSIC, HST, HTGC, HUBB, HUBS, HUT, HY, IBCP, IBN, IBOC, IBP, ICE, IDR, IEX, IGIC, IHG, IIPR, INCY, ING, INTA, INTC, INTU, INVH, IPAR, IR, IREN, IRM, IT, ITA, ITCI, ITRI, ITRN, ITT, ITW, IVZ, IWM, JCI, JELD, JHX, JOE, JPM, K, KAI, KBH, KD, KDP, KEYS, KKR, KLAC, KNF, KO, KOP, KR, KRT, KTOS, KVUE, KWR, L, LAD, LECO, LEU, LH, LII, LIN, LLY, LMB, LMND, LOGI, LOPE, LRCX, LSEA, LSPD, LWAY, LYV, LZ, LZB, MA, MAA, MAIN, MAMA, MAR, MARA, MBIN, MBLY, MBWM, MCK, MCO, MDB, MDLZ, MEDP, META, METC, METV, MFC, MGRC, MHK, MHO, MITK, MKTX, MLI, MLM, MMC, MMM, MMYT, MNST, MOD, MOH, MORN, MOS, MPTI, MRK, MRNA, MS, MSA, MSCI, MSTR, MTD, MTRN, NATR, NBIX, NCNO, NDAQ, NDSN, NECB, NEE, NEM, NET, NGS, NGVC, NMIH, NOW, NPO, NRG, NS, NSS, NSSC, NTRS, NU, NVDA, NVO, NVS, NVT, NWSA, OC, ODP, OKE, ONTO, OR, OSG, OSIS, OTEX, OVLY, PAGS, PARR, PATK, PAX, PAY, PBA, PCAR, PCG, PEP, PETQ, PFGC, PGTI, PH, PHG, PKG, PLAB, PLUS, PM, PNR, PNTG, PODD, POOL, PPL, PRDO, PSA, PSN, PTC, PWR, PWSC, QCOM, QQQ, QSR, QTRX, RAMP, RBA, RBC, RCL, RDNT, RDY, REGN, RGA, RHI, RHP, RIOT, ROAD, ROK, RS, RSP, RTX, RUSHA, RVTY, RWAY, SAH, SAP, SCCO, SHAK, SHEL, SKWD, SLV, SM, SMAR, SMCI, SMH, SNA, SPSC, SPXC, SPY, SQ, SQSP, SRUUF, SSD, STE, STLA, STN, STNE, STRL, SUN, SWBI, SXC, SXI, T, TDW, TDY, TER, TGLS, TGT, THR, TMHC, TNC, TPH, TPR, TRAK, TRI, TRMB, TRNS, TROW, TRV, TS, TSCO, TSLA, TSM, TSQ, TT, TTE, TTEK, TXN, UBS, UGP, ULTA, UNH, UNP, UPBD, UPWK, URBN, USAP, USFD, VECO, VERX, VFC, VGT, VICI, VIPS, VIV, VMC, VNT, VRRM, VRTS, VSEC, VST, VSTS, VTOL, VTR, VTRS, WAT, WBA, WELL, WES, WFRD, WGMI, WING, WIX, WM, WMG, WMS, WMT, WRK, WSO, WTS, WTW, WWD, WY, XHB, XLB, XLF, XLI, XLP, XLU, XLV, XLY, XME, XP, XRAY, XRX, XYL, YUM, ZS, ZTS
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 – 2023-12-27
DGHI.V, NGEN.V, HUT.TO, CDR.TO, BITF.TO, FHYD.V, AMRQ.V, MVP.TO, ABXX.NE, HIVE.V, FDR.V, AKG.TO, GAU.TO, EVGN.V, PINK.V, GGD.TO, DTC.CA, CNC.V, ACQ.TO, RAY/A.TO, GLXY.TO, TNZ.TO, VRNO.NE, CURA.TO, SASK.CA, OGI.TO, INO/UN.TO, ACT.CA, INTC.NE, GRA.TO, SYZ.TO, GTII.CA, ALYA.TO, PTM.TO, AMD.NE, MDP.TO, JAG.TO, GMIN.V, ITR.V, PAY.TO, SKE.TO, DE.V, CIA.TO, LAC.TO, TFII.TO, BHC.TO, VZLA.V, TSLA.NE, NG.TO, TRUL.CA, LFE.TO, VGCX.TO, MDA.TO, CIG.TO, CIGI.TO, YGR.TO, SIS.TO, CMG.TO, NUAG.TO, KNT.TO, SEA.TO, CCA.TO, GFL.TO, ECN.TO, ARE.TO, ARIS.TO, WRN.TO, MMED.NE, PRYM.TO, TCW.TO, AND.TO, BLN.TO, ETG.TO, LMN.V, DRM.TO, LSPD.TO, TLRY.TO, FSZ.TO, NVEI.TO, OVV.TO, PRU.TO, RUP.TO, SVI.TO, FOM.TO, PHX.TO, DF.TO, BLDP.TO, ARG.TO, CAD.V, D/UN.TO, ENS.TO, FR.TO, IAU.TO, TKO.TO, CIX.TO, MRE.TO, ATD.TO, ATD/A.TO, DND.TO, TROY.CA, BK.TO, SES.TO, SJ.TO, BGI/UN.TO, SXP.TO, CNQ.TO, CG.TO, ETHH.TO, SHOP.TO, CMI.V, ZTL.NE, CNRI.V, MPCT/UN.TO, COST.NE, GOLD.TO, GOLD.V, MRG/UN.TO, DFN.TO, HBM.TO, PNE.TO, AP/UN.TO, CXB.TO, LBS.TO, TCN.TO, FN.TO, KEG/UN.TO, BAM/A.TO, BN.TO, CJT.TO, ESI.TO, LB.TO, CF.TO, WEED.TO, CHE/UN.TO, DIR/UN.TO, MEG.TO, FTN.TO, PYPL.NE, FFH.TO, NXR/UN.TO, JWEL.TO, MVRS.NE, BAM.TO, AX/UN.TO, IDG.TO, ATH.TO, BDGI.TO, PZA.TO, MTY.TO, AD/UN.TO, RTX.NE, ASTL.TO, ABX.TO, CSH/UN.TO, CHP/UN.TO, POW.TO, NVDA.NE, VNP.TO, ACO/X.TO, RCI/B.TO, AAV.TO, BTB/UN.TO, KRR.TO, PSI.TO, BMO.TO, GWO.TO, IMO.TO, DGS.TO, AEM.TO, BNS.TO, IIP/UN.TO, LUN.TO, WN.TO, MRU.TO, SSL.TO, INE.TO, QBR/B.TO, AI.TO, CVE.TO, LIF.TO, MDI.TO, PHYS.TO, WPK.TO, IGM.TO, EXE.TO, SRU/UN.TO, L.TO, LCS.TO, OTEX.TO, PAAS.TO, REI/UN.TO, WPM.TO, CRON.TO, FNV.TO, WDO.TO, EQX.TO, RSI.TO, AMX.V, TRP.TO, AYA.TO, H.TO, KEY.TO, BBD/B.TO, CM.TO, RBA.TO, SBC.TO, STN.TO, TIH.TO, QSR.TO, CAR/UN.TO, MG.TO, GUD.TO, PMZ/UN.TO, MTL.TO, TD.TO, ALA.TO, EMA.TO, FTS.TO, HR/UN.TO, NA.TO, EIF.TO, NGD.TO, ARTG.V, PPL.TO, SIA.TO, TSU.TO, RY.TO, CHR.TO, ERE/UN.TO, MFC.TO, DIV.TO, CRT/UN.TO, SAP.TO, BPF/UN.TO, CNR.TO, CU.TO, FFN/PA.TO, NGT.TO, SSF/UN.TO, GEI.TO, PKI.TO, RCH.TO, SGR/UN.TO, U/UN.TO, TOI.V, U/U.TO, WFG.TO, ENB.TO, FC.TO, LUG.TO, BCE.TO, CRR/UN.TO, BRK.NE, WCN.TO, GRT/UN.TO, LNR.TO, GIB/A.TO, BOS.TO, CWB.TO, IPCO.TO, TF.TO