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
BZFD – BuzzFeed, Inc.
BuzzFeed might be worth adding to a watchlist as price action works its way toward an apex sandwiched between two upward-sloping moving averages and a horizontal resistance line located below its 52-week highs. Monitor for any potential breakout signals, as this setup could indicate a significant move.
LINK TO CHART – https://schrts.co/iTJStmys
C – Citigroup, Inc.
Citigroup is attempting to trend higher from a multi-month area of consolidation.
LINK TO CHART – https://schrts.co/DaSYAkpV
ONON – On Holding AG
On Holding is popping higher from a bullish flag retest of the recent breakout line. Bullish flag retests often confirm the strength of the breakout and suggest continued upward momentum.
LINK TO CHART – https://schrts.co/SBpeDCRH
PACS – PACS Group Inc.
PACS Group is breaking out from a bullish flag continuation pattern. Bullish flag patterns often indicate the resumption of the prevailing uptrend after a period of consolidation.
LINK TO CHART – https://schrts.co/SXIjQtVq
WFG – West Fraser Timber Co., Ltd.
West Fraser Timber appears to be setting up near the apex of a significant multi-year consolidation pattern, which is positioned below its all-time high. Monitor for any potential signs of continued upside momentum, which may lead to a breakout. Breakouts from long-term consolidation patterns often indicate a significant shift in trend.
LINK TO CHART – https://schrts.co/RYeNxGzx
XLP – Consumer Staples Select Sector SPDR Fund
The Consumer Staples Select Sector SPDR Fund ETF is reaching a 52-week high from an ascending triangle consolidation area. Ascending triangles often signal a continuation of the prevailing uptrend, indicating strong buying interest.
LINK TO CHART – https://schrts.co/ZNdEYWDE
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 – 2024-07-17
ABBV, ABCB, ACGL, ACN, ADM, ADP, AEE, AEP, AFL, AIG, AIZ, AJG, ALGN, ALL, AMAL, AMCR, AMGN, AMT, AON, APA, APAM, APD, ARE, ARLO, ARLP, ATGE, ATO, ATR, AVB, AWK, AX, AXP, AXS, AZN, BAND, BBVA, BBY, BCSF, BG, BIIB, BIO, BLX, BMY, BRC, BRK/B, BRO, BWIN, BZFD, C, CACI, CAG, CAH, CAL, CASH, CB, CBOE, CBRE, CBZ, CCB, CCI, CENT, CENTA, CFB, CFG, CHCO, CHRW, CHTR, CI, CINF, CIVI, CL, CLBT, CLW, CMCSA, CME, CMRE, CMS, CNA, COF, CPAY, CPB, CPT, CSCO, CSX, CTLT, CTSH, CTVA, CVX, CWAN, CXT, D, DAY, DB, DE, DEFTF, DFIN, DHT, DLB, DOC, DOW, DTE, DTM, DUK, DVA, DVN, EA, EAT, ED, EG, EIX, EMN, ENLC, EOG, EPAM, EPD, EQR, ERIE, ES, ESOA, ESS, ETR, EVRG, EWBC, EXC, EXR, EZPW, F, FANG, FAST, FBP, FCNCA, FE, FI, FIS, FITB, FMC, FOX, FROG, FRT, GBX, GD, GEL, GEN, GFI, GFL, GHC, GILD, GIS, GL, GLRE, GM, GMED, GOLF, GPC, GPK, GPN, GSK, GTES, HAL, HBAN, HCA, HD, HES, HG, HIG, HLNE, HNI, HOLX, HON, HPQ, HRB, HRL, HSIC, HST, HSY, HUM, IBCP, IBM, IBOC, ICE, ICFI, IDCC, IHI, IMMR, IMO, INCY, ING, INTC, IP, ITW, JNJ, JPM, K, KBE, KDP, KEY, KHC, KIM, KMB, KMI, KO, KR, KRE, L, LBRT, LGND, LIN, LKQ, LMND, LMT, LNG, LNT, LNTH, LOW, LW, LYB, LZB, MA, MAA, MAMA, MATX, MBIN, MBWM, MCO, MCY, MDT, MET, MHO, MKC, MKTX, MLI, MMC, MMM, MO, MOS, MPLX, MRO, MS, MTB, MTCH, MTD, MTDR, NCDL, NCNO, NDAQ, NHC, NI, NKE, NMIH, NOG, NSIT, NTB, NVS, O, OFG, OKE, ONON, OR, ORLY, ORRF, OWL, OXY, PAA, PACS, PAGP, PAYX, PBA, PCAR, PCG, PEG, PEP, PFBC, PFE, PFG, PG, PGR, PKG, PLD, PLMR, PM, PNC, PNW, POST, PPG, PPL, PRCT, PRDO, PRU, PSA, PSX, PWP, QCRH, QSR, REG, RF, RGA, RHP, RNR, ROL, ROP, RPAY, RS, RSG, RTX, RVTY, RYAN, SAH, SBAC, SCS, SEM, SF, SHEL, SJM, SKT, SLB, SM, SMLR, SO, SPG, SPGI, SRE, SSNC, STE, STEP, STRA, STT, SUBCY, SYF, SYY, T, TAP, TBBB, TBBK, TDS, TFC, TFX, TGT, THC, TMUS, TPB, TPX, TRV, TSN, TW, UDR, UHS, UNH, UNM, UNP, UPBD, UPS, USB, USO, UTHR, UTI, V, VICI, VLO, VTR, VTRS, VZ, WABC, WBD, WCN, WEC, WELL, WFC, WM, WMB, WMT, WRB, WS, WTW, WY, XEL, XLE, XLF, XLP, XLRE, XLU, XLV, XOM, ZBH
