OptionsPlay DailyPlay

The bullish DailyPlay we chose for Friday October 23nd is Salesforce.com Inc (CRM). CRM is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 6.92% move higher and its 1m and 6m trends turned bullish on 10/15 with strong positive momentum.

Salesforce.com’s 1m and 6m trends have turned bullish on 10/1 and has recently bounced higher off its $76 major support level. With a technical score of 9 (out of 10), CRM looks positioned to continue this strong bullish trend higher.

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