OptionsPlay DailyPlay

The DailyPlay we chose for Monday April 27th is Infinera Corporation (INFN). INFN is a technology company that provides communication equipment for telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions, and government entities worldwide.

Infinera Corporation has been in a strong bullish trend since the middle of January and recently had a pullback off its 52-week high and had a nice bounce off its $19.05 support level. With positive momentum and a strong technical score of 10 (out of 10), INFN looks positioned to move higher.

View this trade idea on $INFN