OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday April 5th is AT&T (T). T is part of the Technology Sector (XLK). Over the last month, XLB has experienced a 5.78% higher and its 1m and 6m trend turned bullish on 3/1 and recently bounced higher off its $44 support level.

AT&T’s 1m and 6m trends turned bullish on 1/21 and recently broke above its $38.50 resistance level to make a new 52-week high. With a technical score of 9 (out of 10), T looks positioned to continue this strong bullish trend higher.

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