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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 š
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, thereās an eerily quiet tone out there with fewer clear opportunities on the stream today. š¤«
Hereās 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 āæ
Crypto-related equities remain atop the bullsā wishlist as the market bets on Bitcoin to continue cruising higher. Thatās caused Stocktwits users like @Dr_Stoxx to see Coinbaseās fresh breakout as a potential opportunity to get involved again on the long side. Time will tell how it plays out. š
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