SYS Research – US Daily Setups – 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 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.

US Daily Setups

AAPL – Apple, Inc.

Apple is currently attempting to set up from the 200-day moving average within the context of a falling wedge continuation pattern.

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

 

COIN – Coinbase Global Inc.

Coinbase is currently consolidating within a continuation wedge below a horizontal resistance line. Notably, the PPO momentum indicator is showing positive divergence, indicating that it has made a higher low while the price has made a lower low.

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

 

CWCO – Consolidated Water Co. Ltd.

Consolidated Water is currently making an effort to trend higher from a bull flag continuation pattern.

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

 

GNE – Genie Energy Ltd.

Genie Energy is currently consolidating and positioning itself on the right side of a significant basing pattern.

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

 

HDSN – Hudson Technologies, Inc.

Hudson Technologies is currently making an effort to trend higher from a bull flag continuation pattern.

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

 

LLY – Eli Lilly & Co.

Eli Lilly is currently making an effort to trend higher from a bull flag continuation pattern.

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

NVDA – NVIDIA Corp.

NVIDIA is currently consolidating below a horizontal resistance line. It’s worth noting the large volume by price bar on the left side of the chart, indicating significant accumulation throughout this pattern. Keep a close watch for a continuation of the uptrend.

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

 

SMCI – Super Micro Computer, Inc

Super Micro Computer is currently consolidating within the confines of a continuation wedge. Be vigilant for a potential breakout.

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

 

UNH – Unitedhealth Group, Inc.

Unitedhealth continues to threaten a significant breakout as it consolidates within the confines of a continuation pattern.

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

 

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.

 

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