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
CF – CF Industries Holdings, Inc.
CF Industries is demonstrating relative strength on a weak day as its price action continues to set up on the right side of a significant multi-year consolidation pattern.
LINK TO CHART – https://schrts.co/rPKnRdkG
CRS – Carpenter Tech Corp.
Carpenter Tech is breaking out from a multi-month consolidation pattern with a surge in volume, contrasting the broader market downturn.
LINK TO CHART – https://schrts.co/AzcEVdMA
EDR – Endeavor Group Holdings Inc.
Endeavor Group is appearing on scan results as the stock experiences three days of robust volume while its price action sets up below a 52-week high.
LINK TO CHART – https://schrts.co/qCRUtzBT
FSLR – First Solar Inc.
First Solar appears to have consolidated within a significant multi-year continuation pattern. Monitor closely for any potential signs of continued upside strength, which may signal a breakout.
LINK TO CHART – https://schrts.co/XcDSAXRn
HUBS – HubSpot Inc.
HubSpot appears to be breaking out to a 52-week high with robust volume, demonstrating both relative and absolute strength in a weak market tape.
LINK TO CHART – https://schrts.co/geFsviCU
SWBI – Smith & Wesson Brands, Inc.
Smith & Wesson Brands is consolidating in the form of a potential bull flag continuation pattern.
LINK TO CHART – https://schrts.co/rKfgjmpn
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 – 2024-04-04
ALGN, ANIP, AROC, ASR, AZZ, BG, BITO, BITW, BYRN, CAPL, CASH, CF, CPB, CPG, CRS, CTLT, CVLG, DEFTF, DK, DKNG, EDR, ENLC, ENPH, EOG, FERG, FLUT, FMX, FSLR, GBTC, GE, GEL, GIC, GIS, GNRC, GPK, GRVY, HRL, HSY, HUBS, HWKN, IAG, IP, ITRI, K, LMT, MITK, MKC, MKTX, MLR, MTDR, NEE, NEM, NGS, NR, NSSC, PAA, PAGP, PPC, PXD, RAMP, REPYY, REVG, RTX, SM, SPB, SPOT, STNE, SWBI, TFPM, TRAK, TSN, TXT, UFPT, USO, VITL, VIV, VNOM, XOM
