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 Zoom meeting to address your specific requirements and provide you with the guidance you need.
US Daily Setups
BKR – Baker Hughes Company
After breaking out from a basing pattern, Baker Hughes has spent the past month and a half consolidating just below its 52-week highs. Currently, price action is making an effort to establish an upward trend from this pattern. Keep a close eye on it for signs of a continuation of this trend.
LINK TO CHART – https://schrts.co/AHtcWudx
IBKR – Interactive Brokers Group, Inc.
Interactive Brokers is currently in the process of digesting its recent breakout, with price consolidation occurring just below new highs. Be vigilant for any signs pointing to the potential resurgence of upside momentum.
LINK TO CHART – https://schrts.co/ZBYqVnbJ
OIH – VanEck Vectors Oil Services ETF
The VanEck Vectors Oil Services ETF is making an endeavor to reach new 52-week highs, stemming from a substantial basing pattern. Closely monitor this ETF for any indications of a potential continuation in this trend.
LINK TO CHART – https://schrts.co/HCtFitQq
OII – Oceaneering Intl, Inc.
Oceaneering has just pushed to a fresh 52-week high as price action seeks to establish an upward trend from a substantial basing pattern. Keep a keen eye out for any indications that could signal a potential increase in upside momentum.
LINK TO CHART – https://schrts.co/gBqGDkXW
PERI – Perion Network Ltd.
Perion Network is currently making an effort to break out from the coil of a continuation triangle. It’s worth noting the presence of large volume by price bars, indicating accumulation throughout the pattern. Keep a close watch for any potential breakout.
LINK TO CHART – https://schrts.co/CqTmmgYn
SLB – Schlumberger Ltd.
Schlumberger seems to be on the cusp of breaking out from a multi-month basing pattern. Be vigilant for any signs of an uptick in upside momentum.
LINK TO CHART – https://schrts.co/wjxHdynC
XPRO – Expro Group Holdings NV
Expro Group is positioned on the right side of a significant basing pattern, and price action is currently making an effort to reach new highs. Keep a close eye out for any signs of increased upside momentum that might lead to a breakout.
LINK TO CHART – https://schrts.co/fpKmnuMF
US Scanner Results
Click on the CandleGlance chart to view it in full size, and if you find a chart that fits your criteria or interests, you can easily save it to your watchlist for further analysis and tracking.
