The bullish DailyPlay we chose for Monday May 18th is The Walt Disney Company (DIS). DIS is part of the Consumer Discretionary Sector (XLY). Over the last six months, XLY has been of the strongest sectors of the SPDR S&P 500. Both 1-month and 6-month trends are bullish as it looks positioned to move higher.
Disney continues its strong bullish trend with a technical score of 9 (out of 10) and strong fundamentals. After a nice bounce off its $104.58 support level, DIS looks positioned to make new highs.