- Chart Art
- Posts
- Stocktwits Chart Art: June 18, 2024
Stocktwits Chart Art: June 18, 2024
The best charts and trade ideas from the day.
Tom Bruni
June 18, 2024
STOCKTWITS CHART ART: JUNE 18, 2024
The Stocktwits Summary 📝
Nvidia claimed the #1 spot as the largest stock in the world as the rest of the market trudged along. Despite the new highs in the major indexes, Stocktwits sentiment remains skeptical about the recent flurry of new all-time highs. 🤔
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.25%) | Bearish (29) | High (57) |
$QQQ (+0.03%) | Bearish (37) | High (61) |
$IWM (+0.17%) | Neutral (48) | High (58) |
$DIA (+0.14%) | Bearish (35) | Normal (51) |
*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
Materials Stock Returns To Its Breakout Zone ⚒️
While many investors and traders are focused on the new highs being set by technology stocks, others are finding opportunities in overlooked areas.
Stocktwits user @ATMcharts pointed to a popular materials stock, Canadian Natural Resources, which is finding support at a key level. If buyers were to step in, this would be a clear area for that to happen. ⛏️
Traders Look To BTFD In $HOOD Shares 🤑
Carrier Group Retests Resistance At All-Time Highs 🚢
