The bullish DailyPlay we chose for Wednesday July 20th is Energy Transfer Partners (ETP). ETP is part of the Energy Sector (XLE). Over the last month, XLE has experienced a 2.99% move higher and it’s 1m and 6m trend turned bullish on 7/8 and recently bounced higher off its $69 support level.
Energy Transfer Partners’s 6m trends turned bullish on 5/5 and recently bounced higher off its $38 support level. With a technical score of 9 (out of 10), ETP looks positioned to continue this strong bullish trend higher.