OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday August 11th is Hologic Inc. (HOLX). HOLX is part of the Health Care Sector (XLV). Over the last three months, XLV has experienced a 4.21% move higher as it leads the sectors. Both 1-month and 6-month trends are bullish.

Hologic Inc. has been in a strong bullish trend since the beginning of January as it continues to show positive momentum. After bouncing off its $39.30 support level with a technical score of 10, HOLX looks positioned to set new highs.

View this trade idea on $HOLX