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
ALTR – Altair Engineering, Inc.
Altair Engineering is currently poised for a potential breakout above its 52-week high, indicating strong bullish momentum. The stock is trading above the critical resistance level, with increased volume suggesting heightened investor interest.
LINK TO CHART – https://schrts.co/ATaWjHYb
BKR – Baker Hughes Company
Baker Hughes is appearing on scanner results as price action consolidates below its 52-week high. This consolidation could indicate a buildup of momentum, setting the stage for a potential breakout if buying interest increases.
LINK TO CHART – https://schrts.co/BRSHeTtf
DQ – Daqo New Energy Corp.
Daqo New Energy is showing up on scan results as price action has popped higher from a bullish flag formation. The stock is currently encountering the underside of horizontal resistance, suggesting a potential point of decision as it tests this critical level.
LINK TO CHART – https://schrts.co/VuDKPvbI
FLXS – Flexsteel Industries, Inc.
Flexsteel Industries is attempting to break out as it reaches a new high, supported by an increase in volume. This activity indicates strong buying interest and suggests that the stock may continue to attract attention at this pivotal level.
LINK TO CHART – https://schrts.co/ecFCKuCk
PACS – PACS Group Inc.
PACS Group appears to be setting up below its all-time high. This positioning suggests that the stock is consolidating and may be gearing up for a potential move as it approaches this significant resistance level.
LINK TO CHART – https://schrts.co/uzXkyaRY
TTWO – Take-Two Interactive Software, Inc.
Take-Two Interactive is experiencing another day of positive price action despite a weak market tape. The stock may be worth keeping on a watchlist, as recent unusual activity reports have flagged bullish options activity. Additionally, the chart is setting up in anticipation of the upcoming release of Grand Theft Auto, which could further influence investor interest as the date approaches.
LINK TO CHART – https://schrts.co/gCyISypj
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
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 – 2024-10-23
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