OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday Oct 4th is Swift Transportation (SWFT). SWFT is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 0.19% move higher and it’s 1m and 6m trend turned bullish on 9/30 and recently broke higher above its $58 resistance level.

Swift Transportation’s 1m and 6m trends turned bullish on 9/2 and recently broke higher above its $21 resistance level. With a technical score of 8 (out of 10), SWFT looks positioned to continue this strong bullish trend higher.

View this Trade Idea on SWFT