How often do you find a stock with four possible buy setups?

How often do you find a stock with four possible buy setups?

That too, in a stock with an 8%+ dividend yield?

$ET

How did I locate this stock?

I saw the market was bullish at the open. Not only was the opening bullish in the market ETFs (1, 2), but the market also showed internal strength in Market Breadth (advance-decline and up-down volume of $NASDAQ and $NYSE) from CUE Elite (3, 4, 5, 6).

Sector-Industry-Stock Breadth from CUE Edge (7) was also bullish - this was another internal strenght indicator.

I ran CUE Finder on a list of mid-priced liquid stocks that I often use as my trading universe. That universe has thousands of stocks.

CUE Finder Technical Breadth was bullish (8) across all the four categories of techncial signals.

I sorted the bullish stocks by the total number of CUE trade setups. And $ET was right there at the top, with four possible trade setups (9). You could confirm the trade setups using unambiguous checklists.

Technically, the stock is showing strength. In the weekly, it has long-term Memory trendline support (10). Daily is breaking above Memory resistance (11). Daily has trendline support too (12). It has bullish Headwind (13) and bull Release (14) signals, both of which are bullish reversal signals.

I ran a fundamental scorecard using CUE Vital. It showed the stock has a dividend yield of more than 8% (15). It is undervalued (16), with robust earning quality (17) and fund accumulation (18). 100% of peer stocks were up today (19).

CUE Edge shows its industry is among the top 20% in strength (20) and also top 20% in acceleration (21).

That was the complete 360 analysis of $ET, found in real-time using CUE systems.

It was pretty easy to find $ET. And you could repeat these steps daily to find similar strongly bullish candidates using CUE systems.