The bullish DailyPlay we chose for Tuesday March 14th is Prudential (PRU). PRU is part of the Financial Sector (XLF). Over the last month, XLF has experienced a 4.91% move higher and its 1m and 6m trend has turned bullish on 2/3 and recently bounced higher off its $24.50 support level.
Prudential’s 1m and 6m trends turned bullish on 2/3 and recently bounced higher off its $110 support level. With a technical score of 9 (out of 10), PRU is a strong bullish stock that looks to continue higher.
As a stop loss, if PRU was to trade below $110 for multiple days, this would invalidate our analysis and suggest getting out of the trade.
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