Notice: The Daily Setups report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.
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.
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
AAOI – Applied Optoelectronics Inc.
Applied Optoelectronics continues to act well as it attempts to break out.
AAON – AAON, Inc.
AAON is setting up below a downtrend line. Monitor to see whether price action can begin pushing above and challenging resistance.
ARLP – Alliance Resource Partners, L.P.
Alliance Resource Partners is experiencing bullish options activity today, as noted in the unusual activity report. Monitor to see whether price action can begin breaking out from this continuation pattern.
ATS – ATS Corp.
ATS is setting up below a significant long-term horizontal resistance line. Monitor for potential breakout signals.
BLDR – Builders FirstSource, Inc.
Builders FirstSource continues to set up for a potential bottoming pattern breakout.
EQPT – EquipmentShare.com Inc
EquipmentShare could be worth keeping on a watchlist. Monitor to see whether price action can begin breaking out from its trading range.
HD – Home Depot, Inc.
Home Depot is consolidating below a significant horizontal resistance line. Monitor to see whether price action can begin breaking out above this level.
LSCC – Lattice Semiconductor Corp.
Lattice Semiconductor is attempting a 52-week high breakout.
MUD – Direxion Daily MU Bear 1X Shares
The Direxion MU Bear 1X ETF is worth keeping on a watchlist to see whether price action can begin breaking out above resistance.
NTR – Nutrien Ltd.
Nutrien is consolidating in the form of a potential continuation pattern. Monitor for signs of upside momentum.
PLTD – Direxion Daily PLTR Bear 1X Shares
The Direxion PLTR Bear 1X ETF is now testing its moving average in the form of a potential bullish flag. Monitor to see whether price action can begin breaking out above this level.
PSQ – ProShares Short QQQ
The ProShares Short QQQ ETF could be worth keeping on a watchlist as the Nasdaq failed at the underside of horizontal resistance. If weakness persists, this ETF may provide a way to participate inversely or implement hedges.
SHIP – Seanergy Maritime Holdings Corp.
Seanergy Maritime is consolidating below horizontal resistance and above its upward-sloping moving average. Monitor for potential breakout signals.
SHW – Sherwin Williams Co.
Sherwin-Williams continues to set up for a potential breakout.
TKO – TKO Group Holdings, Inc.
TKO Group is positioning below its recent high. Monitor for potential breakout signals.
XHB – SPDR S&P Homebuilders ETF
The SPDR Homebuilders ETF continues to show upside momentum as it begins breaking out from the pattern we have been highlighting.
XLB – Materials Select Sector SPDR Fund
The Materials Select Sector SPDR ETF continues to break out as price action moves above its upward-sloping moving average.
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, Workspace, and Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!
US Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
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.
EVMN, NKTR, EWCZ, ESOA, ICHR, NMRA, LMRI, LUXE, PEPG, PLBY, RLGT, VSTS, RELL, UNF, CGTL, STRO, ACRE, ADAG, PHG, VTVT, KLRS, ECX, ESALY, PSEC, AIRG, LCTX, PPRUY, BAK, IRMD, XIFR, LXRX, CRDO, ENTG, ALXO, RPID, SY, MAS, MAR, FRD, AP, CCO, DDL, VGZ, IHRT, HAS, LNKS, DGX, TPL, MESO, AXG, DBVT, UCTT, CCSI, THAR, LWLG, CABA, PKOH, SFTBF, LEE, OBIO, TSQ, FBIN, SDHC, CE, ESEA, TOL, BZH, H, IVA, BTCZ, OLN, DHI, HSHP, RNG, ARMK, RANI, MDB, BDX, EQPT, TROX, DRH, BHR, KBH, SSD, DD, CAMP, IMMX, CODA, GHM, DOW, AMLX, LEN, CLLS, ATS, ESTA, PAMT, NL, UDR, ESI, BASFY, FSLY, RHP, SBGI, UXIN, TPH, HUN, ACLS, JHX, ITOCY, KT, ALTI, CSW, SOHU, WMG, MTH, CCS, ECL, ARMP, ASTL, LYB, BELFA, CGON, RLAY, SKY, LSCC, Q, IBP, SW, CSIQ, IX, LH, OVID, HOV, IMDX, GRBK, PHM, USAS, ITB, WHR, XERS, ABX, RAIL, ARMN, XNCR, CSL, EGO, LII, RLJ, MHK, MLKN, BATRA, RAPP, VCTR, BWAY, ON, KRO, ESE, NTCT, TWIN, BELFB, GTN, NXPI, BLD, LEVI, TWST, PACS, TDC, BLDR, BTG, PEB, MCHP, ANGO, SPXC, GRAL, MGA, RDWR, RKT, IRD, KEN, GPRE, ACCO, AVR, BMRN, WBI, NSC, SHG, VIR, IHG, CTNM, ELAN, SRZN, CIEN, CON, NCLH, VECO, ENLT, GSM, CTS, HLT, PAM, VSEC, SOLV, CGEM, ORI, AGI, LNTH, NYT, KWR, NX, TGS, FVR, RDNW, AGM, CPS, TYRA, FOSL, MPT, AZN, CEPU, SSRM, STM, SHO, RRX, EMN, LOW, BITI, MBIN, SRI, TV, LGN, TMHC, WNC, NVST, MBC, UVE, AVNT, HUYA, UNP, WLK, ABUS, COHU, JKS, CWCO, DMAC, VVV, FNV, NATL, SPHR, MEOH, QUAD, KLIC, EIX, WSO, CNI, JOE, MHO, RFIL, ATRC, AWP, SRE, SNA, VTRS, SCL, PEG, EWTX, GNK, ZGN, ES, FBIO, BRX, PCG, PK, VHI, CHRS, SCHL, CP, BGSI, PLTD, XPOF, CVCO, DGII, SAFE, AFL, CAMT, MATV, AAP, BWA, CPT, CYTK, NXDT, SHECY, ENSG, PLD, LAMR, NXST, RL, CIGI, ELE, IRM, TPC, XHR, D, HRMY, HD, LION, FIHL, STTK, LNWO, MCS, TKO, CVLG, PNW, SONO, RNR, SHIP, AHR, CMCSA, WF, AKZOY, PGEN, UTG, ENTA, WBD, ASMB, BABA, KOP, MET, SITE, APTV, FDP, KINS, SWK, YPF, ESPR, BW, IESC, IFF, PSTL, TAK, DTE, EVRG, EQX, MAIN, AKR, ABEV, TDAY, CIFR, TR, EPR, NXG, AQN, DOV, HST, DHF, GROW, KIM, LTC, TRV, FOR, ALGN, BYD, CNM, MTW, OR, RRR, MOLN, SXT, TFPM, DAC, OCS, ADM, DAKT, TSLA, CDNA, CGAU, FHI, CTRI, HAYW, KMTS, ACGL, VNET, CLDT, MMM, GNL, AMRN, BN, TSM, CRH, WELL, ALMS, HY, IFNNY, NVGS, AMKR, CNP, FE, GEF/B, SJM, MLM, MRX, VIV, AOS, IMNM, MBX, AER, CRUS, LU, OCANF, PHVS, PINE, BEN, IRT, MAC, HTLD, AXGN, AMPY, ONTO, CC, TRMD, GGZ, AS, GNT, IGR, JCAP, MKC, RH, SILA, HVT, LINC, LMAT, LNT, SEM, XLU, AGCO, AMRX, AWI, CCL, IGIC, KARO, NAT, ED, INTR, OC, SKT, ECO, MIY, MT, WT, XPEL, BIP, HOFT, KNF, LLYVA, ADC, FMX, HIG, NYAX, AZZ, ETR, ATO, DHC, DUK, RSVR, SLF, CBT, ULS, CLX, NDSN, TITN, APD, COKE, DBD, SBS, ASX, CRON, VLRS, EXC, IDE, NTR
