OptionsPlay DailyPlay

The bullish DailyPlay we chose for Thursday April 21th is Texas Instruments (TXN). TXN is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 1.44% move higher and its 1m and 6m trend turned bullish on 4/12 and has recently bounced higher off its $44 support level.

Texas Instrument’s 1m and 6m trends turned bullish on 2/22 and just bounced higher off its $58 minor support level. With a technical score of 8 (out of 10), TXN looks positioned to continue this strong bullish trend higher.

Click here to View this Trade on $TXN