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
ATKR – Atkore International Group Inc.
Atkore shows signs of a bull flag continuation pattern during consolidation. Monitor for any signs of potential breakout signals.
LINK TO CHART – https://schrts.co/mzIKmUyn
DRS – Leonardo DRS, Inc.
Leonardo DRS is appearing on momentum scans today as the PPO momentum indicator attempts to curl higher. Keep an eye on this technical pattern for potential signs of upside momentum.
LINK TO CHART – https://schrts.co/eDZpMvIS
HEI – Heico Corp.
Heico appears to be forming a bullish triangle continuation pattern, coinciding with the PPO momentum indicator’s upward movement from the zero line.
LINK TO CHART – https://schrts.co/EjRBpiKg
MCY – Mercury General Corp.
Mercury General appears to be forming a series of bullish continuation patterns.
LINK TO CHART – https://schrts.co/pRKskagE
VLTO – Veralto Corp.
Veralto is being highlighted on momentum scans as its price action sets up on the right side of a continuation pattern. Monitor for a potential breakout.
LINK TO CHART – https://schrts.co/mvAIPSYc
WFC – Wells Fargo & Co.
Wells Fargo is currently consolidating near its 52-week high. Keep a close watch for any potential indications of the uptrend continuing, especially as relative strength begins to show signs of breaking out.
LINK TO CHART – https://schrts.co/TbrPQRwf
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 – 2024-04-15
ARCB, ATKR, CAG, CECO, CPNG, DRS, FOX, GIS, GLD, GLRE, HEI, IDR, IZM, KHC, KMB, KOP, LEVI, MCY, MTB, NGS, NR, NTB, OSCR, SCHW, SLV, TGLS, USAP, USO, VLTO, WFC, WIRE
