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: 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
AMD – Advanced Micro Devices, Inc.
AMD is currently setting up below a horizontal resistance line. Monitor closely for any potential breakout signals.
LINK TO CHART – https://schrts.co/uurdzFNa
CCJ – Cameco Corp.
Cameco has successfully reclaimed its 50-day moving average and is breaking out above the horizontal resistance line. This serves as a noteworthy example of how the 50-day moving average acted as a compression force akin to a coiled spring. With the price reclaiming this moving average, it’s as if the lid has been lifted off, propelling the stock higher like an exploding jack-in-the-box.
LINK TO CHART – https://schrts.co/Drcsvvag
LPG – Dorian LPG Ltd.
The setup for Dorian LPG that emerged over the weekend is now breaking out above the horizontal resistance line. This resistance line played a role similar to the 50-day moving average on Cameco, compressing the price like a coiled spring. Once the price managed to break above this horizontal resistance line, it surged higher, resembling the release of a Jack-in-the-Box when the lid is lifted.
LINK TO CHART – https://schrts.co/ZwSAdSDz
MSOS – AdvisorShares Pure US Cannabis ETF
The AdvisorShares Pure US Cannabis ETF continues to position itself for a potential breakout.
LINK TO CHART – https://schrts.co/gCJUvuYQ
PLTR – Palantir Technologies, Inc.
Palantir is currently attempting to rebound off its 50-day moving average. It’s essential to monitor this level to ascertain if the price can hold and sustain the uptrend. Additionally, keep an eye on the PPO momentum indicator as it approaches the zero line. A successful test of the zero line would coincide with a successful test at the 50-day moving average, indicating a potential resumption of the trend.
LINK TO CHART – https://schrts.co/FMaEItwH
URNJ – Sprott Junior Uranium Miners ETF
The Sprott Junior Uranium Miners ETF is breaking out above the horizontal resistance line, coinciding with an influx of price upgrades in the uranium space today.
LINK TO CHART – https://schrts.co/cpAajrmS
URNM – Sprott Funds Uranium Mining ETF
The Sprott Funds Uranium Mining ETF, which is an alternative to the URA ETF, is breaking out above its horizontal resistance line.
LINK TO CHART – https://schrts.co/yHJJGHvJ
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. For emerging opportunities, stay attentive to the Daily Setups, the Workspace, and the Watchlists. 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 – 2024-04-01
ACMR, AEM, AEO, AGYS, AKAM, ALAR, ALPN, AM, AMAT, AMD, AMZN, ANET, ANF, APA, APLS, ARCO, AROC, ASML, ASND, ATKR, AVGO, AZO, BAH, BALL, BAX, BBWI, BECN, BLX, BMA, BRBR, BRC, BWA, BYRN, BZ, CAPL, CBT, CCJ, CDNS, CHD, CI, CLS, CMPR, CNX, COP, CPB, CRI, CRM, CRS, CSCO, CSL, CSTM, CVI, CVX, DAC, DASH, DD, DDS, DEFTF, DELL, DG, DGX, DHT, DINO, DLTR, DMLP, DNN, DORM, DOW, DSGX, DVN, E, EA, EGY, EHC, EME, EOG, EPD, ESEA, ESOA, ETRN, FANG, FLS, FRO, FSLR, FSS, FTAI, FTI, FUTU, FWRG, GCT, GD, GDRZF, GEL, GEOS, GIFI, GMS, GNRC, GOLF, GOOG, GOOGL, HAL, HES, HIMS, HLX, HOLI, HPE, HPQ, HRL, HSY, HUBB, HUBS, IAG, IBKR, IDR, IDT, IFF, IMO, INFA, INSW, INTC, IREN, JBL, KDP, KHC, KLAC, KMI, LAUR, LBRT, LMND, LPG, LPLA, LRCX, LVS, LWAY, LZ, METV, MGM, MITK, MMM, MPC, MRO, MSFT, MSOS, MTDR, MTSI, MU, MUSA, NBIX, NGS, NLR, NOA, NOW, NR, NRG, NSIT, NTNX, NTRA, NUE, NVMI, NXE, OC, ONTO, OXY, PAA, PARR, PGR, PINS, PLAB, PNTG, PPC, PRDO, PRIM, PWP, PXD, QCOM, QFIN, QLYS, RBA, RCL, REGN, RGA, RHP, RMBS, ROAD, RRC, RTX, RYAAY, SA, SHAK, SHEL, SHOP, SLB, SM, SMCI, SMH, SPOT, SQSP, SRUUF, STLD, STNG, TCOM, TDW, TFPM, TK, TKR, TNC, TNK, TNP, TPR, TRAK, TRMD, TS, TSM, TSQ, TTE, TTEK, TTWO, TXRH, UEC, ULTA, URA, URBN, URG, URNJ, URNM, USAC, USAP, USFD, USO, VECO, VERX, VIPS, VITL, VLO, VRTX, VST, VVV, VZ, WDC, WDOFF, WFRD, WING, WIRE, WSO, WYNN, XLC, XLE, XLK, XOM, XOP, YUM
