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Stocktwits Chart Art: September 09, 2024

The best charts and trade ideas from the day.

Author

Tom Bruni
September 09, 2024

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STOCKTWITS CHART ART: SEPTEMBER 09, 2024
The Stocktwits Summary 📝

A rebound in tech stocks helped the major indexes record their first positive day of September. Some investors are looking to buy the recent dip in some names, while others are positioned for fresh breakouts in stocks that held. 👀

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+1.12%)

Bearish (39)

Normal (51)

$QQQ (+1.29%)

Bullish (60)

Normal (50)

$IWM (+0.28%)

Bullish (57)

Normal (47)

$DIA (+1.13%)

Bullish (68)

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
Google Gains Some Buyers At Trendline Support 🛒

While many people are abandoning Alphabet because it’s entered “bear market territory,” others are using the recent dip to buy the tech giant at a discount.

Stocktwits user @2kaykim is one of the Stocktwits community members getting in on the action, buying calls as prices come into trendline support. 🐂

@2kaykim | Pro | Technicals | Equities/Options/Crypto

I drew a line and then I saw that it was hitting it today so I bought calls today. AM I DOING THIS RIGHT?! $GOOGL

Utilities Tread On Their Latest Uptrend Line 😬

@SharePlanner | Pro | Technicals | Equities/Options

Watch this rising trend-line as $XLU looks to bounce off of it and sustain the move off the July lows.

Bristol Myers Makes A Break For It 💪

@Trader_Ty | Intermediate | Technicals | Equities/Options

$BMY Right off the 9 to start the week

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