MomentumTradingHQ.com Featured Stock for the Week of 7/22/24 - 7/26/24: AMC Entertainment Holdings (AMC) Day Trade Return of 6.5%

AMC Entertainment Holdings traded up Thursday, reversing its Wednesday losses. The American movie theater chain got a boost from IMAX Corp's upbeat second-quarter print.

Our proprietary real time alert services picked up AMC's unusual stock and option volume early Thursday 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 6.5%. The chart shows the indicators that were triggered as well as the time.

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