The bearish DailyPlay we chose for Thursday July 2nd is King Digital Entertainment plc (KING). KING is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 4.54% move lower as both 1-month and 6-month trends are bearish.
King Digital Entertainment’s 1-month and 6-month trends are bearish as it continues to show negative momentum. KING looks positioned to move lower towards its $12.88 support level.
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