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.
US Daily Setups
VLO – Valero Energy Corp
Valero Energy is positioned on the right side of a substantial basing pattern, positioned just below a new all-time high. Keep a close watch for any signs of a continuation in upside momentum, as this could potentially lead to a breakout.
LINK TO CHART – https://schrts.co/mPPbXwSC
UBER – Uber Technologies, Inc.
Uber has consolidated, forming an apex within a continuation pattern situated just below its 52-week highs. Keep a vigilant eye for signs of upward momentum, as it could pave the way for a breakout and indicate a continuation of the uptrend.
LINK TO CHART – https://schrts.co/hkZCyCey
MSFT – Microsoft Corp.
Microsoft has undergone consolidation, taking the form of a bull flag continuation pattern, or one could describe it as having formed a handle on the right side of a notable cup base. This pattern is positioned just below new all-time highs. Be attentive to any signs indicating a continuation of the upside momentum, as it could result in a breakout, implying the continuation of the uptrend.
LINK TO CHART – https://schrts.co/cusbAAKZ
MAR – Marriott International, Inc.
Marriott seems poised within a bullish continuation pennant pattern, positioned just below its 52-week highs. Be on the lookout for any potential breakout signals.
LINK TO CHART – https://schrts.co/fuWqttau
EOG – EOG Resources, Inc.
EOG Resources is currently positioned at the upper trendline and horizontal resistance level of a substantial multiyear consolidation/continuation pattern. Keep a close watch for any potential breakout, as it could indicate the continuation of the uptrend.
LINK TO CHART – https://schrts.co/CiutvnBY
CF – CF Industries Holdings, Inc.
CF Industries appears to be breaking out from a notable continuation pattern, successfully surpassing horizontal resistance. Furthermore, the weekly PPO momentum indicator is making an attempt to cross back above the zero line, indicating a potential shift in momentum.
LINK TO CHART – https://schrts.co/hpbfNPsn
US Scanner Results
Click on the CandleGlance chart to view it in full size, and if you find a chart that fits your criteria or interests, you can easily save it to your watchlist for further analysis and tracking.
