Bullish – WHR $141.10 – Consumer Discretionary
The bullish DailyPlay we chose for Thursday, March 14th is Whirlpool (WHR). WHR is part of the Consumer Discretionary Sector (XLY). XLY has rallied 3.06% higher over the past month and its 1m and 6m trend turned bullish yesterday while bouncing higher off its $107 support level.
Whirlpool’s 1m and 6m trends turned bullish on March 12th and recently bounced off its $135 support level. With a technical score of 9 (out of 10), WHR is a bullish stock that will likely continue higher.
As a stop loss, if WHR was to trade below $135 for multiple days, this would invalidate our analysis and suggest getting out of the trade.