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Stocktwits Chart Art: December 13, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: DECEMBER 13, 2024
The Stocktwits Summary 📝

It felt like the week flew by, didn’t it?

Despite the quick pace, most indices ended in the red today—except the Nasdaq. Broadcom stole the spotlight with a strong quarter, solid guidance, and impressive AI-driven growth, closing the day up over 24%.

Here’s how the major indices ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (-0.01%)

Bearish (21)

High (63)

$QQQ (+0.75%)

Bearish (35)

High (64)

$IWM (-0.69%)

Bearish (29)

High (64)

$DIA (-0.20%)

Bearish (33)

High (67)

*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.

And here were Stocktwits’ top Trending symbols:

CHART OF THE DAY
Rising Trendline Under Pressure For Nvidia 🛑

Since the end of 2022, Nvidia has consistently followed a strong and reliable trendline—until now. With earnings behind us and the stock priced to perfection, cracks are beginning to appear for the first time in years, signaling a potential shift.

Stocktwits user @badcharts points out that this could mark the start of a significant trend reversal for Nvidia.

Semi Weakness Hits Hard. Advanced Micro Stumbles 📉 

Without Big Tech, It’s A Sea Of Red This Week 🌊 

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