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Stocktwits Chart Art: November 19, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: NOVEMBER 19, 2024
The Stocktwits Summary 📝

U.S. stocks exhibited strength today alongside crypto as anticipation builds for Nvidia’s much-awaited earnings report tomorrow after the bell. With so much at stake, today’s Chart Art focuses on several chip-related perspectives to help analyze the current setup heading into Nvidia’s highly anticipated report.

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.37%)

Neutral (51)

Normal (54)

$QQQ (+0.69%)

Bullish (76)

Normal (54)

$IWM (+0.74%)

Bullish (55)

Normal (49)

$DIA (-0.31%)

Bearish (34)

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
Wedge Recovery Before Earnings For NVIDIA 🚀 

Stocktwits user @diamondoptionsinc dives deep into the technical setup for $NVDA as it approaches tomorrow's earnings. From a technical point of view, it’s looking like blue skies ahead! 🌤️ 

The Bull Run Continues! NVIDIA Back On Track 🔥 

Positive News Could Push Super Micro Back Over $30 🗞️

Trouble For Semis? Support Levels Breached

$AMD Holding Strong At Long-Term Support 💪

Stocktwits Users Are Bulled Up On Nvidia 🐂 

This is more of a table than a chart, but work with us here. With nearly 10,000 votes in, 59% of those polled on Stocktwits believe that Nvidia will beat earnings and jump (presumably to new highs). Our sentiment score also leans towards a positive outcome, jumping from ‘bullish’ yesterday to ‘extremely bullish’ today.

HAPPENING TOMORROW
NVIDIA Earnings: Tomorrow At 5 PM ET 🎙️ 

Don’t miss all things Nvidia tomorrow on Stocktwits. Join tens of thousands of traders and investors live on Stocktwits to hear the earnings results and call live.

💬 Pre-Chat Access: Jump in up to 2 hours early (3 PM ET) to see what everyone’s buzzing about and share your thoughts as the news rolls in. Follow this link, or just add $NVDA to your Stocktwits watchlist to be alerted when the call goes live. 🚨 

Vertiv Holdings (VRT): On Track For $166 🎯

Momentum Building In C3.AI Above $32 🐂

Datadog Poised For A Run 📈

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Written by Kyle Vallans. Send me your feedback by replying directly to this email. 📧

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Author Disclosure: The author of this newsletter holds a position in $SMCI 📋