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
ALB – Albemarle Corp.
Albemarle is set up in the form of a potential bottoming pattern. Keep a close watch for confirmation of this pattern, which could signal a possible reversal in trend.
LINK TO CHART – https://schrts.co/RMtyBdFK
NSSC – NAPCO Security Technologies, Inc.
NAPCO Security Technologies appears to be setting up below its all-time high. Monitor closely for any potential breakout signals as it approaches this key level.
LINK TO CHART – https://schrts.co/vGecwIag
NXT – Nextracker Inc.
Nextracker is bouncing from a retest of the previous breakout level. Keep monitoring closely for the potential continuation of this upward movement.
LINK TO CHART – https://schrts.co/SIDugxCB
PM – Philip Morris Intl Inc.
Philip Morris is attempting to break out from the right side of a significant multi-year consolidation/continuation pattern that could lead to a new all-time high. Keep a close watch for confirmation of this breakout.
LINK TO CHART – https://schrts.co/MNwxpWBJ
TSCO – Tractor Supply Co.
Tractor Supply appears to be set up in the form of a potential bullish flag continuation pattern. Keep an eye on its price action for confirmation of this pattern.
LINK TO CHART – https://schrts.co/YVDFWmjh
URG – Ur-Energy Inc.
Ur-Energy appears to be set up on the right side of a significant multi-year cup-with-handle type consolidation/continuation pattern. Monitor closely for any potential breakout signals as the pattern develops further.
LINK TO CHART – https://schrts.co/qWdhfawV
WMT – Walmart Inc.
Walmart is attempting to break out from a bullish flag continuation pattern. Keep a close watch on its price action for confirmation of this breakout.
LINK TO CHART – https://schrts.co/zRYFQbyF
XLF – Financial Select Sector SPDR Fund
The Financial Select Sector SPDR Fund ETF is attempting to move higher from the pattern highlighted yesterday. Keep monitoring closely for potential confirmation of this upward movement.
LINK TO CHART – https://schrts.co/IpTMGxwS
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 – 2024-05-07
A, ABBNY, ABCB, ACA, ACGL, ACIW, ADBE, ADEA, ADI, ADM, AFRM, AGI, AGO, AIG, AIT, ALB, ALGN, ALKT, ALLE, ALTR, ALV, AM, AMAT, AMCR, AMKR, AMZN, ANSS, AOS, APAM, APH, APO, APP, APPF, ARES, ARIS, ARLO, ATGE, ATI, AVY, AWI, AWK, AX, AXP, AXS, AXTA, AYI, AZO, AZZ, BAC, BAH, BALL, BAM, BAND, BBVA, BCO, BG, BITO, BJ, BKR, BLBD, BLK, BLX, BMI, BMY, BPOP, BRC, BRO, BRP, BSX, BSY, BTU, BURL, BVN, BX, CAG, CAL, CAMT, CARR, CASH, CASY, CAT, CAVA, CBOE, CBRE, CBT, CBZ, CCCS, CCEP, CCJ, CDLX, CDNS, CE, CECO, CEG, CFB, CHD, CHKP, CHRD, CHRW, CHTR, CIVI, CLBT, CLH, CLS, CMI, CMPR, CNM, CNO, CNQ, CNX, CNXN, COKE, COLL, COO, COOP, COP, COST, CPAY, CPNG, CPRT, CR, CRBG, CRL, CRM, CROX, CRS, CRTO, CRWD, CSGP, CSL, CSX, CTAS, CTLT, CTVA, CVLT, CVX, CW, CXT, CYBR, CZR, DAC, DAY, DCBO, DCI, DD, DE, DECK, DG, DHI, DHR, DK, DKNG, DKS, DLB, DLR, DOC, DOCN, DOV, DOW, DRS, DSGX, DTM, DUK, DVA, DVN, E, EA, ECL, EFX, EGO, EGY, EHC, ELF, ELV, EME, EMN, EMR, ENSG, ENTG, ENV, ENVA, EOG, EPAC, EQH, EQIX, EQT, ES, ESAB, ESOA, ESTC, ETHE, ETN, ETRN, EVRG, EWBC, EXP, FCN, FCX, FERG, FI, FIHL, FIS, FIX, FLS, FLUT, FMC, FN, FNF, FORM, FRO, FRPT, FRT, FSLR, FSS, FTAI, FTI, GBTC, GBX, GD, GE, GEHC, GEL, GEV, GFL, GILD, GIS, GLRE, GM, GNRC, GNTX, GOLF, GOOG, GOOGL, GPI, GPK, GPOR, GRBK, GRMN, GTLS, GVA, HAL, HAS, HAYW, HCA, HCC, HCI, HESM, HIBB, HLX, HNI, HON, HOOD, HQY, HRB, HRL, HSY, HUBB, IAG, IBOC, ICE, ICLR, IDCC, IDR, IDT, IDXX, IESC, IGIC, IHI, IIPR, INSP, INSW, INTU, INVH, IP, IPG, IQV, IRM, ISRG, ITGR, ITRI, ITT, ITW, IWF, IWM, JCI, JKHY, JPM, K, KALU, KEX, KEYS, KKR, KLAC, KMI, KNTK, KNTNF, KOF, KR, KRE, KVUE, LAUR, LBRT, LHX, LII, LLY, LMAT, LMB, LMT, LNC, LNT, LNW, LOGI, LOVE, LOW, LPG, LRCX, LRN, LWAY, LYV, LZ, MAG, MAIN, MAR, MAS, MBIN, MCK, MCO, MDLZ, MEDP, MELI, META, METC, MITK, MLI, MLR, MMC, MO, MOD, MOG/A, MORN, MPLX, MRK, MRO, MS, MSA, MSI, MSTR, MTDR, MTH, MU, MUSA, NBIX, NCNO, NDSN, NEE, NFLX, NI, NICE, NMIH, NMM, NOC, NOG, NR, NSC, NSIT, NTB, NTNX, NTRA, NVMI, NVO, NVS, NVT, NXE, NXPI, NXT, OBDC, ODFL, ODP, OIH, OII, OKE, OLED, ON, ONTO, OPRA, OR, ORCL, ORLY, OSG, OSIS, OSK, OTIS, OXY, OZK, PANW, PATK, PAYX, PBA, PBR/A, PCAR, PCOR, PEGA, PEP, PFGC, PFSI, PG, PH, PHM, PINS, PIPR, PKG, PLAB, PLMR, PNR, PODD, POOL, POWW, PPC, PR, PRCT, PRMW, PRU, PSA, PSTG, PUBM, PYPL, QCOM, QFIN, QQQ, RAMP, RBLX, RCL, RDNT, REG, RELX, REVG, REX, RGA, RHP, RJF, RL, RNR, ROAD, RPAY, RPM, RRC, RSP, RTX, RUM, RUSHA, RYAN, S, SAH, SANM, SAP, SBAC, SCS, SDRL, SF, SFM, SHAK, SHW, SIMO, SKT, SKWD, SKX, SLB, SM, SMH, SMR, SN, SNPS, SNX, SO, SPB, SPG, SPGI, SPSC, SPXC, SPY, SSNC, STE, STEP, STNE, STNG, STRL, STT, STX, SUBCY, SWIN, SWN, SYY, TDW, TECH, TEL, TER, TEX, THC, TJX, TK, TKO, TKR, TMHC, TMO, TNK, TOST, TPG, TPH, TPX, TREX, TRIN, TRMD, TRV, TSCO, TT, TTD, TTEK, TW, TXN, TYL, UGP, UMBF, UNM, UNP, UPBD, URA, URBN, URI, URNJ, URNM, USAC, USAP, USFD, USLM, V, VECO, VEEV, VERX, VICI, VITL, VNOM, VNT, VRNS, VRRM, VRSK, VRTX, VST, VTR, VTSI, VVV, WAB, WAL, WELL, WFC, WFRD, WHD, WING, WIX, WMT, WPM, WRK, WSO, WTFC, WWD, XLB, XLC, XLE, XLF, XLI, XLP, XLRE, XLU, XLV, XME, XOP, XYL, ZBH, ZBRA, ZTS
