OptionsPlay DailyPlay

The bullish DailyPlay we chose for Wednesday July 13th is Exelon Corp (EXC). EXC is part of the Utilities Sector (XLU). Over the last month, XLU has experienced a 3.32% move higher and it’s 1m and 6m trend turned bullish on 5/27 and recently broke above its $51 resistance level.

Exelon Corp’s 1m and 6m trends turned bullish on 6/28 and recently broke above its $36 resistance level on high volume. With a technical score of 8 (out of 10), EXC looks positioned to continue this strong bullish trend higher.

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