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Stocktwits Chart Art: October 10, 2024
The best charts and trade ideas from the day.
Tom Bruni
October 10, 2024
STOCKTWITS CHART ART: OCTOBER 10, 2024
The Stocktwits Summary 📝
I put today’s date on yesterday’s Chart Art, so if you’re feeling deja vu, it’s warranted...lol. Anyway…the actual October 10th edition is chock-full of setups as traders identify opportunities across sectors, including a short or two. 👀
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-0.18%) | Bullish (71) | High (58) |
$QQQ (-0.11%) | Bullish (65) | High (58) |
$IWM (-0.55%) | Bearish (29) | High (63) |
$DIA (-0.09%) | Neutral (47) | 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
Cloudflare Jumps As Software Sector Flares Up 🔥
The software industry breakout is something we’ve been hitting on all week, and that theme continues today with a fresh find.
Stocktwits user @peloswing highlighted a breakout in Cloudflare after the company announced an executive change that the market favored, with prices rising 9% and Stocktwits sentiment pushing into ‘extremely bullish’ territory. 🐂
Docusign Shows Classic Trend Reversal Signs 👍
Buyers On Pace To Rescue Medpace 🤔
