MomentumTradingHQ.com Featured Stock for the Week of 4/1/24 - 4/5/24: Paramount Global (PARA) Day Trade Return of 15.2% on Wednesday

Paramount shares rose last week on report it's considering exclusive talks with Skydance for a potential deal.

Our proprietary real time alert services picked up PARA's unusual stock and option volume Wednesday. 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 1:25 pm Wednesday and closed at the end of the day would have gained 15.2%. The chart shows the indicators that were triggered as well as the time.

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