MomentumTradingHQ.com Featured Stock for the Week of 7/29/24 - 8/2/24: Lumen Technologies (LUMN) Day Trade Return of 20.6%

Lumen Technologies shares traded higher last Wednesday based on an announced partnership with Microsoft. They will collaborate to enhance Lumen’s digital transformation with Microsoft Cloud and increase network support for Microsoft's AI datacenters.

Our proprietary real time alert services picked up LUMN's unusual stock and option volume early Wednesday 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 9:20 am and closed at the end of the day would have gained 20.6%. The chart shows the indicators that were triggered as well as the time.

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