OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday August 18th is The Home Depot, Inc. (HD). HD is part of the Consumer Discretionary Sector (XLY). Over the last three months, XLY has experienced 3.13% move higher as the 6-month trend remains bullish.

The Home Depot, Inc. has been in a bullish trend since mid-June as it approaches its 52-week high. HD continues to show positive momentum with a technical score of 8 (out of 10) as it looks positioned to continue higher.

View this trade idea on $HD