OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday October 13th is Motorola Solutions (MSI). MSI is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 3.11% move higher and its 1m trend has turned bullish on 10/5, moreover, it just broke above its $41 minor resistance level.

Motorola Solutions’s 1m and 6m trends have turned bullish on 8/26 and broke above its $68 resistance which recently retested and confirmed that level as support. With a technical score of 9 (out of 10), MSI looks positioned to continue this strong bullish trend higher.

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