MomentumTradingHQ.com Featured Stock for the Week of 1/15/24 - 1/19/24 : Advanced Micro Devices (AMD) 5.7% Day Trade Return Friday 1/19/24

AMD set an all time high Friday as the semiconductor sector continues to lead in part by enthusiasm over generative artificial intelligence technology.

Our real time alert services picked up AMD's unusual stock and option volume early Friday morning. Several opportunities presented themselves to get in to capture a portion of the return depending on your favorite momentum indicator.

As shown in the chart below, a day trade entered at 9:30 am CST and closed at the end of the day would have gained 5.7%.  Note: The chart shows the indicators that were triggered as well as the time.

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