The bullish DailyPlay we chose for Friday February 12th is Kellogg Co (K). K is part of the Consumer Staples Sector (XLP). Over the last month, XLP has experienced a 0.76% move lower but it’s 1m trend turned bullish on 2/9 and recently bounced higher from its $49 support area.
Kellogg’s 1m and 6m trends turned bullish yesterday and recently broke above its $73.50 resistance area on high volume. With a technical score of 10 (out of 10), K looks positioned to continue this strong bullish trend higher.