OptionsPlay DailyPlay

The bullish DailyPlay we chose for Friday November 20th is NVIDIA Corp (NVDA). NVDA is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 3.95% move higher and it just broke above its $43.50 resistance level recently.

NVIDIA’s 1m and 6m trends have turned bullish on 8/26 and just broke above its $30.75 resistance level which now becomes support. With a technical score of 10 (out of 10), NVDA looks positioned to continue this strong bullish trend higher.

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