OptionsPlay DailyPlay

The bullish DailyPlay we chose for Friday June 10th┬áis Entergy Corp (ETR). ETR is part of the Utilities Sector (XLU). Over the last month, XLU has experienced a 3.13% move higher and it’s 1m and 6m trend just turned bullish on 5/27 while breaking above its $50 resistance level.

Entergy Corp’s 1m and 6m trends turned bullish on 6/1 while breaking above its $77 resistance level on high volume. With a technical score of 8 (out of 10), ETR looks positioned to continue this strong bullish trend higher.

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