SYS Research – US Daily Setups – Thursday, October 19, 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

AVAV – AeroVironment Inc.

AeroVironment is still consolidating near its new 52-week highs. Monitor for signs of continued upside momentum.

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

 

BITO – ProShares Bitcoin Strategy ETF

The ProShares Bitcoin Strategy ETF is consolidating on the right side of a cup base. Keep a close watch for the potential of upside momentum that could drive the price towards its 52-week high and a potential breakout.

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

 

CCJ – Cameco Corp.

Cameco is in the setup phase, forming a bull flag continuation pattern.

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

 

CPG – Crescent Point Energy Corp.

Crescent Point Energy is consolidating below recent highs. Monitor for the potential of upside momentum that may lead to a breakout.

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

 

EOG – EOG Resources, Inc.

EOG Resources is still setting up above the upper trendline of a significant consolidation/continuation pattern. Keep a close watch for the potential of upside momentum.

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

 

GBTC – Grayscale Bitcoin Trust

The Grayscale Bitcoin Trust is consolidating below its 52-week high as it awaits SEC ETF conversion approval. Keep a close eye on this chart, as it could experience a significant surge in upside momentum upon approval.

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

 

NATR – Nature’s Sunshine Products, Inc.

Nature’s Sunshine Products is breaking out from a continuation pattern with a substantial increase in volume.

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

 

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.

 

SetYourStop Blog Request

Enter your name and email to be alerted with new ideas.

Please wait...

Thank you for sign up!

Scroll to Top