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Stocktwits Chart Art: January 13, 2025

The best charts and trade ideas from the day.

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STOCKTWITS CHART ART: JANUARY 13, 2025
The Stocktwits Summary ๐Ÿ“

Markets kicked off the week with mixed performance, as the Dow Jones outperformed on strength in basic materials and energy stocks.

Meanwhile, quantum computing stocks saw a sharp selloff, with many plunging over 20% in a single session. Broader market sentiment remained cautious, with rising concerns over 10-year bond yields nearing 5%. In crypto, Bitcoin briefly dipped below $90,000.

Hereโ€™s how the major indices ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.19%)

Extremely Bullish (77)

High (61)

$QQQ (-0.25%)

Extremely Bullish (78)

High (63)

$IWM (+0.23%)

Bullish (64)

High (58))

$DIA (+0.89%)

Bullish (67)

High (62)

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

And here were Stocktwitsโ€™ top Trending symbols:

CHART OF THE DAY
Strong Daily Breakout For Trump Media

Trump Media broke out of a beautiful wedge pattern today on elevated volume, closing the day strong as it potentially runs up in anticipation of the January 20th inauguration.

Stocktwits user @TheProphetOfProfit floats the idea of seeing $50+ in the near term.

ELF Beauty Bottoming And Basing

Nutrien Breaks Out Of Downtrend

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Treasury Yields Testing Top Of Long Base

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