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Stocktwits Chart Art: July 22, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: JULY 22, 2024
The Stocktwits Summary šŸ“

Semiconductor stocks and big tech rebounded as traders await the next earnings to roll in. Telecom and energy lagged, with crypto continuing to do its thing on the upside. Still, thereā€™s an eerily quiet tone out there with fewer clear opportunities on the stream today. šŸ¤«

Hereā€™s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+1.03%)

Bullish (57)

High (58)

$QQQ (+1.49%)

Bullish (55)

High (57)

$IWM (+1.59%)

Bullish (57)

Normal (51)

$DIA (+0.30%)

Bearish (40)

High (58)

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

And here were Stocktwitsā€™ top Trending symbols:

CHART OF THE DAY
Coinbase Breaks Out Of Its Base ā‚æ

Crypto-related equities remain atop the bullsā€™ wishlist as the market bets on Bitcoin to continue cruising higher. Thatā€™s caused Stocktwits users like @Dr_Stoxx to see Coinbaseā€™s fresh breakout as a potential opportunity to get involved again on the long side. Time will tell how it plays out. šŸ‘€

Silence Therapeutics Looks Ready To Make Some Noise šŸ“¢

AT&T Tempts Buyers Ahead Of Wednesday Earnings šŸ˜¬

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