SYS Research – US Daily Setups – Thursday, November 2, 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

COIN – Coinbase Global Inc.

Coinbase initiated a move above the upper trendline of the wedge pattern in the daily session. However, it is noteworthy that the stock exhibited weakness in after-hours trading following its earnings report. Remain vigilant and closely monitor the situation for potential signs of continued upside strength in the morning while keeping stop-loss orders set appropriately.

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

 

MSFT – Microsoft Corp.

Microsoft continues to set up above the upper trendline of its continuation wedge. Monitor for a potential continuation in upside strength.

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

 

PLTR – Palantir Technologies, Inc.

Palantir is pushing up against the upper trendline of a significant consolidation/continuation pattern. Watch for a potential breakout.

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

 

SYM – Symbotic Inc.

Symbotic is consolidating in the form of a continuation wedge. Monitor for the continuation of upside strength, which may lead to a potential breakout.

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

 

WFRD – Weatherford International Plc

Weatherford is threatening a new all-time high breakout. Keep a close watch on this potential development.

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

 

WGMI – Valkyrie Bitcoin Miners ETF

The Valkyrie Bitcoin Miners ETF is threatening to break out from its bull flag retest. Keep a vigilant eye on this potential breakout.

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

 

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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