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- Stocktwits Chart Art: July 01, 2024
Stocktwits Chart Art: July 01, 2024
The best charts and trade ideas from the day.
Tom Bruni
July 01, 2024
STOCKTWITS CHART ART: JULY 01, 2024
The Stocktwits Summary 📝
Big tech and bank stocks spent their day in the green while the rest of the market struggled to gain any traction. Crypto prices have stabilized, allowing many crypto-related equities to begin a new run higher. 😮
P.S. We’re considering moving this top section (or eliminating it entirely) to jump straight into the charts. Let me know your thoughts on this (and the newsletter in general). I’d love to hear from you! 📬
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.21%) | Bullish (69) | Normal (50) |
$QQQ (+0.59%) | Bullish (58) | Normal (48) |
$IWM (-0.84%) | Bearish (33) | Normal (51) |
$DIA (+0.08%) | Neutral (48) | Normal (52) |
*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
Bitcoin Miner Looks Primed To Produce ⚒️
While Bitcoin and other cryptos have corrected through price over the last month, Bitcoin miner CleanSpark has corrected through time. And with crypto prices stabilizing and trying to turn higher, traders are looking for this group of crypto-linked equities to lead to the upside.
Stocktwits user @Thelonius_Stonk pointed out CleanSpark’s consolidation above former resistance, saying it looks “primed” for a bullish move. 🤩
Marathon Stock Has Started Its Next Run 🏃
Coinbase Sellers Can’t Seem To Break Support 😾
