The bullish DailyPlay we chose for Wednesday March 23rd is Toronto Dominion Bank (TD). TD is part of the Financials Sector (XLF). Over the last month, XLF has experienced a 6.73% move higher and it’s 1m and 6m trends turned bullish on 3/2 while breaking above its $21.50 minor resistance level.
Toronto Dominion’s 1m and 6m trends turned bullish on 3/1 and recently broke above its $42 resistance level on high volume. With a technical score of 8 (out of 10), TD looks positioned to continue this strong bullish trend higher.