OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday Oct 11th is Microsoft (MSFT). MSFT is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 1.47% move higher and it’s 1m and 6m trend turned bullish on 9/21 and recently bounced higher off its $47 support level.

Microsoft’s 1m and 6m trends turned bullish on 10/5 while bouncing higher off its $57 support level. With a technical score of 5 (out of 10), MSFT looks positioned to continue this strong bullish trend higher.

View this Trade Idea on MSFT