OptionsPlay DailyPlay

The DailyPlay we chose for Thursday April 9th is The Walt Disney Company (DIS). DIS is in the Consumer Discretionary sector (XLY). XLY is currently in a bullish trend and recently took a nice bounce off its $75.08 support level as it trades higher towards its 52-week high at $77.13.

The Walt Disney Company 6-month trend remains strongly bullish as the 1-month trend turned bullish. With positive momentum, DIS looks positioned to continue this bullish trend higher.

View this trade on $DIS