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Stocktwits Chart Art: September 20, 2024
The best charts and trade ideas from the day.
Tom Bruni
September 20, 2024
STOCKTWITS CHART ART: SEPTEMBER 20, 2024
The Stocktwits Summary š
Stocks closed down on the day but green on the week, as utilities and consumer staples were the only sectors to close positive. Still, market participants continue to find opportunities across the board, though mostly on the long side. š
Hereās how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (-0.17%) | Neutral (47) | Normal (54) |
$QQQ (-0.19%) | Bullish (66) | High (55) |
$IWM (-1.07%) | Bullish (69) | High (56) |
$DIA (+0.10%) | Bearish (44) | High (55) |
*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.
And here were Stocktwitsā top Trending symbols:
CHART OF THE DAY
Micron May Have Bottomed Before Earnings š¤
With semiconductor stocks perking back up over the last two weeks, Micron has failed to catch the same level of interestā¦at least until now. š§
Stocktwits user @TheProphetOfProfit pointed out that the stock has begun to stabilize above trendline support and its YTD lows, with momentum diverging positively.
Given the market has turned into positive territory and investors are taking shots at beaten-down stocks, Micron looks potentially ripe to rip. However, it does report earnings on Wednesday after the bell, so some volatility is anticipated. š¤·
GameStop Gains Momentum Off Support š®
Pepe Coin Is Perking Up Again š¤£
