MomentumTradingHQ.com Featured Stock for the Week of 7/15/24 - 7/19/24: Cipher Mining (CIFR) Day Trade Return of 18.7%
- calvinleegee
- Jul 22, 2024
- 1 min read
Crypto-related stocks climbed after a weekend bitcoin rally following an attempt on former President Donald Trump's life on Saturday.
Our proprietary real time alert services picked up CIFR'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 8:45 am and closed at the end of the day would have gained 18.7%. The chart shows the indicators that were triggered as well as the time.
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