OptionsPlay DailyPlay

The bullish DailyPlay we chose for Thursday July 14th is Hess Corp (HES). HES is part of the Energy Sector (XLE). Over the last month, XLE has experienced a 3.28% move higher and it’s 1m and 6m trend turned bullish on 7/8 and recently broke above its $69 resistance level.

Hess Corp’s 1m and 6m trends turned bullish on 7/12 and recently bounced higher off its $54 support level. With a technical score of 9 (out of 10), HES looks positioned to continue this strong bullish trend higher.

Click here to View this Trade on $HES