The StockTwits Charts Stream gets filled daily with thousands of stock charts created by the largest real-time trading community in the world. Below are a few notable ones for your perusal:
1. Tesla Motors (TSLA) - Jon Boorman is an analyst and trader who focuses on trend following. He doesnt care if a company sells electric cars or bananas if the stock price is moving steadily higher over time.
Jon posted this chart to StockTwits which showing Tesla’s impressive run from March when the stock was just $40.
Its rallied 51% over the past 51 trading sessions and does not show signs of slowing down anytime soon. Boorman notes, “the reasons for Tesla’s 15% pop today do not matter as long as the stock price continues to create higher lows and higher highs.”
2. 3D Systems (DDD) – This next chart, from @sunrisetrader, shows an ascending triangle formation in shares of 3D Systems. This bullish pattern is confirmed on a close above $50. Handsome chart…
3. The Transition Into US Equities – Heritage Capital posted this last one, a fascinating visualization, showing that the transition from ‘emerged markets’ to ‘re-emerging markets’ is just getting underway.
The US market has outperformed the emerging markets since 2011 after lagging for several years, which is reflected in the upper portion of the graph below. The United States is also outperforming Europe and has done so since the US market bottomed in 2008. Heritage Capital notes that that this transition out of international equities and into US stocks is far from over.