OptionsPlay DailyPlay

The bullish DailyPlay we chose for Friday July 21st is Humana (HUM). HUM is part of the Healthcare Sector (XLV). Over the last month, XLV has experienced a 2.95% move higher and its 1m and 6m trend has turned bullish on 7/12 while breaking above its $80 resistance level.

Humana’s 1m and 6m trends turned bullish on 6/13 and recently bounced higher off its $232 support level. With a technical score of 7 (out of 10), HUM is a strong bullish stock that looks to continue higher.

View this Trade Idea on HUM

As a stop loss, if HUM was to trade below $ 232 for multiple days, this would invalidate our analysis and suggest getting out of the trade.

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