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Stocktwits Chart Art: December 23, 2024

The best charts and trade ideas from the day.

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STOCKTWITS CHART ART: DECEMBER 23, 2024
The Stocktwits Summary πŸ“

Stocks started the holiday week with gains across all major indexes, except for the Russell, fueled by strong performances from semiconductor leaders such as Nvidia, Broadcom, Taiwan Semiconductor, and AMD. Meanwhile, Bitcoin slipped below $93,000 in the late afternoon session. Looking ahead, markets will close early tomorrow at 1 p.m. Eastern in observance of Christmas Eve.

Here’s how the major indices ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.60%)

Bullish (56)

Normal (52)

$QQQ (+0.97%)

Neutral (48)

Normal (48)

$IWM (-0.24%)

Bearish (41)

Normal (47)

$DIA (+0.08%)

Bearish (39)

Normal (48)

*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
Taiwan Semiconductor Breaks Out Towards HighsπŸš€

Stocktwits user @TheStockTraderHub highlights a significant breakout for Taiwan Semiconductor, as the stock surges past its recent pivot highs. This move may be fueled by the momentum of the Santa Rally, which kicked off today.

Geo Group Forms High-Tight Flag 🚩

Broadcom Shows Strength After Recent Pullback πŸ”„ 

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