MomentumTradingHQ.com Featured Stock for the Week of 11/18/24 - 11/22/24: Reddit, Inc. (RDDT) Day Trade Return of 9.3%

On Wednesday, Reddit, Inc faced an outage in the afternoon. The social media company had resolved disruptions to its services by late evening.

Our proprietary real time alert services picked up RDDT's unusual stock and option volume Thursday morning. Depending on your favorite momentum indicator several opportunities presented themselves to get in to capture a portion of the daily return.

As shown in the chart below, a day trade entered at 9:45 am and closed at the end of the day would have gained 9.3%. The chart shows the indicators that were triggered as well as the time.

If you are interested in getting real time stock alerts sent to your email visit MomentumTradingHQ.com and subscribe to the indicator alert service that fits your trading style. There is currently a 7 day free trial.

If you are interested in receiving the Featured Stock blog visit MomentumTradingHQ.com and sign up for free.