MomentumTradingHQ.com Featured Stock for the Week of 7/1/24 - 7/5/24: Applied Digital Corp (APLD) Day Trade Return of 5.2%
- calvinleegee
- Jul 8, 2024
- 1 min read
Applied Digital Corp traded higher last Monday based on upward price target adjustments from the prior week.
Our proprietary real time alert services picked up APLD'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 10:30 am Monday and closed at the end of the day would have gained 5.2%. The chart shows the indicators that were triggered as well as the time.
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