OptionsPlay DailyPlay

The bullish DailyPlay we chose for Wednesday March 30th is Tyson Foods (TSN). TSN is part of the Consumer Staples Sector (XLP). Over the last month, XLP has experienced a 4.45% higher and its 1m and 6m trend turned bullish on 2/12 and recently bounced higher off its $52 support level.

Tyson Food’s 1m and 6m trends turned bullish on 2/5 and recently broke above its $66 resistance level on high volume. With a technical score of 10 (out of 10), TSN looks positioned to continue this strong bullish trend higher.

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