Bullish DailyPlay for Friday June 3rd, 2016 – Cummins Inc (CMI)
The bullish DailyPlay we chose for Friday June 3rd is Cummins Inc (CMI). CMI is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 0.09% move higher and it’s 1m and 6m trend just turned bullish on 5/25 while bouncing higher off its $55 support level.
Cummins Inc’s 1m and 6m trends turned bullish on 5/26 while breaking above its $111 resistance level on high volume. With a technical score of 9 (out of 10), CMI looks positioned to continue this strong bullish trend higher.