MomentumTradingHQ.com Featured Stock for the Week of 11/25/24 - 11/29/24: Amgen (AMGN) Day Trade Return of 7.5%

A highly-anticipated obesity drug candidate from biotech Amgen helped patients shed a significant amount of weight in a mid-stage study. Subjects taking Amgen's MariTide lost 20% of their body weight compared with those who received placebos, Amgen said Tuesday.

Our proprietary real time alert services picked up AMGN's unusual stock and option volume Tuesday 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 10:10 am and closed at the end of the day would have gained 7.5%. 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.