The bullish DailyPlay we chose for Thursday Sept 22nd is Facebook (FB). FB is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 1.69% move higher and it’s 1m and 6m trend turned bullish yesterday and recently bounced higher off its $46 support level.
Facebook’s 1m and 6m trends turned bullish on 8/26 and recently bounced higher off its $126 support level. With a technical score of 7 (out of 10), FB looks positioned to continue this strong bullish trend higher.