OptionsPlay DailyPlay

The bullish DailyPlay we chose for Tuesday April 19th is Southwest Airlines (LUV). LUV is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 1.71% higher and its 1m and 6m trend turned bullish on 4/13 and has recently bounced higher off its $56 support level.

Southwest Airlines’s 1m and 6m trends turned bullish on 4/08 and recently broke above its $46 resistance level on high volume. With a technical score of 9 (out of 10), LUV looks positioned to continue this strong bullish trend higher.

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