OptionsPlay DailyPlay

The DailyPlay we chose for Friday April 10th is Anheuser-Busch (BUD). BUD is in the Consumer Staples sector (XLY). XLY is currently in a strong bullish trend as it continues towards its 52-week high.

Anheuser-Busch’s 1-month and 6-month trends are bullish with a technical score of 7 (out of 10) as it breaks above its $125.71 resistance level on Thursday. BUD is showing positive momentum as we look for moves higher.

View this trade idea on $BUD