Bullish DailyPlay for Thursday February 11th, 2016 – Altria Group (MO)
The bullish DailyPlay we chose for Thursday February 11th is Altria Group (MO). MO is part of the Consumer Staples Sector (XLP). Over the last month, XLP has experienced a 0.59% move higher and it’s 1m and 6m trend turned bullish on 1/28 and recently bounced higher above its $49 support area.
Altria Group’s 1m and 6m trends turned bullish on 1/25 and recently broke above its $60 resistance level on high volume. With a technical score of 10 (out of 10), MO looks positioned to continue this strong bullish trend higher.