SYS Research – US Daily Setups – Wednesday, October 11, 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

AAPL – Apple, Inc.

Apple is maintaining its setup near the upper trendline of a continuation wedge. Closely monitor for the continuation of the positive momentum, which has the potential to pave the way for a breakout.

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

 

AIT – Applied Industrial Technologies Inc.

Applied Industrial Technologies is currently making an attempt to trend higher, aiming for new all-time highs emerging from a continuation pattern.

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

 

AVGO – Broadcom Inc.

Broadcom is currently consolidating just below its new all-time highs. Monitor for the continuation of the recent upside momentum, which could potentially lead to a breakout.

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

 

AXON – Axon Enterprise, Inc.

The Axon setup is currently showing signs of pushing above the upper trendline of the significant basing pattern that we recently highlighted.

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

 

BRBR – Bellring Brands Inc

Bellring Brands is now showing an acceleration in its upward trajectory from the continuation pattern that has been under our watchful eye.

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

 

CHTR – Charter Communications Inc.

Charter Communications is currently consolidating within the structure of a continuation pattern. Stay alert for a potential breakout.

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

 

GOOGL – Alphabet Inc.

The Alphabet setup, closely monitored as price action trended higher along the 50-day moving average, is now reaching a new 52-week high.

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

 

META – Meta Platforms, Inc.

Meta Platforms setup we’ve been closely charting has now surged to achieve a new 52-week high.

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

 

MOD – Modine Manufacturing Co.

Modine is trending higher from the continuation pattern we’ve been monitoring.

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

 

MSFT – Microsoft Corp.

Microsoft is positioned in the form of a substantial continuation wedge. Keep watch for a potential breakout.

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

 

NVDA – NVIDIA Corp.

Nvidia is persisting in consolidation just below its all-time high. Monitor for the continuation of its uptrend.

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

 

POWL – Powell Industries, Inc.

Powell Industries is actively working to maintain its uptrend above the 50-day moving average, with price action indicating a potential breakout from its current consolidation phase.

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

 

PSN – Parsons Corp.

Parsons is positioned for a potential new 52-week high breakout.

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

 

TSLA – Tesla Inc.

Tesla remains tightly coiled at the apex of a continuation triangle. Stay vigilant and monitor for a potential breakout.

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

 

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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