MomentumTradingHQ.com Featured Stock for the Week of 4/22/24 - 4/26/24: Riot Platforms (RIOT) Day Trade Return of 14.3%

Shares of mining stocks traded higher last week amid strength in the price of Bitcoin on the heels of the latest halving event. Riot Platforms (RIOT) finished the week up 30.7% from the prior weeks close.

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

As shown in the chart below, a day trade entered at 8:45 am Monday and closed at the end of the day would have gained 14.3%. The chart shows the indicators that were triggered as well as the time.

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