OptionsPlay DailyPlay

The bullish DailyPlay we chose for Friday October 30th is Kellogg Co (K). K is part of the Consumer Staples Sector (XLP). Over the last month, XLP has experienced a 6.84% move higher and its 1m and 6m trend indicator both turned bullish on 10/5.

Kellogg Co’s 1m and 6m trends have turned bullish on 10/2 and recently bounced higher off its $70 support level on positive momentum. With a technical score of 8 (out of 10), K looks positioned to continue this strong bullish trend higher.

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