The bullish DailyPlay we chose for Monday August 3rd is BioMarin Pharmaceutical Inc. (BMRN). BMRN is part of the Health Care Sector (XLV). Over the last month, XLV has experienced a 2.96% move higher as both 1-month and 6-month trends remain bullish.
BioMarin Pharmaceutical Inc.’s 1-month and 6-month trend indicators have been in a strong bullish trend since the beginning of May. BMRN continues to show positive momentum as it recently bounced off its $141.03 support level and looks positioned to move higher.