OptionsPlay DailyPlay

The bullish DailyPlay we chose for Wednesday Oct 12th is Apple (AAPL). AAPL is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 1.44% move higher and it’s 1m and 6m trend turned bullish on 9/21 and recently bounced higher off its $47 support level.

Apple’s 1m and 6m trends turned bullish on 9/13 and recently broke higher above its $115 resistance level. With a technical score of 6 (out of 10), AAPL looks positioned to continue this strong bullish trend higher.

View this Trade Idea on AAPL