Bullish DailyPlay for Friday September 2nd, 2016 – Alphabet Inc (GOOGL)
The bullish DailyPlay we chose for Friday September 2nd is Alphabet Inc (GOOGL). GOOGL is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 1.70% move higher and it’s 1m and 6m trend turned bullish today and recently bounced higher off its $46.50 resistance level.
Alphabet Inc’s 6m trends turned bullish on 7/14 and recently bounced higher off its $785 support level. With a technical score of 5 (out of 10), GOOGL looks positioned to continue this strong bullish trend higher.