- Chart Art
- Posts
- Stocktwits Chart Art: June 21, 2024
Stocktwits Chart Art: June 21, 2024
The best charts and trade ideas from the day.
Tom Bruni
June 21, 2024
STOCKTWITS CHART ART: JUNE 21, 2024
The Stocktwits Summary 📝
Despite the second-half reversals, stocks closed the shortened holiday week in the green. Notably, it was not the tech-heavy S&P 500 and Nasdaq 100 leading; the Dow and Russell 2000 finally got some attention. 😂
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-0.13%) | Bearish (27) | Normal (51) |
$QQQ (-0.27%) | Bearish (27) | Normal (52) |
$IWM (+0.23%) | Bearish (42) | Normal (46) |
$DIA (+0.04%) | Extremely Bullish (84) | High (59) |
*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
Taking A Gamble On A Consumer Staples Stock 🧼
Although they’re not the “growth” parts of the stock market, certain names in areas like consumer staples, utilities, and telecom are seeing meaningful breakouts these days.
Stocktwits user @SilverEagle pointed to Proctor & Gamble’s highest weekly close ever today, marking the potential start of a longer-term breakout from its 2.5-year base. We’ll have to wait and see if it sticks the landing, but for right now, soap is sexy again. 🤩
Netflix Keeps Nudging Up To New Highs 🧐
Amazon' Almost Crosses The $2 Trillion Mark 🤏
