MomentumTradingHQ.com Featured Stock for the Week of 6/24/24 - 6/28/24: Trump Media & Technology Group (DJT) Day Trade Return of 8.7%

Trump Media & Technology Group, the operator of the Truth Social platform, traded higher last Monday. The company announced it expects to receive over 69.4 million from the cash exercise of warrants from the prior week.

Our proprietary real time alert services picked up DJT's unusual stock and option volume early Monday 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 8:50 am Monday and closed at the end of the day would have gained 8.7%. The chart shows the indicators that were triggered as well as the time.

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