Bullish DailyPlay for Thursday July 14th, 2016 – Hess Corp (HES)
The bullish DailyPlay we chose for Thursday July 14th is Hess Corp (HES). HES is part of the Energy Sector (XLE). Over the last month, XLE has experienced a 3.28% move higher and it’s 1m and 6m trend turned bullish on 7/8 and recently broke above its $69 resistance level.
Hess Corp’s 1m and 6m trends turned bullish on 7/12 and recently bounced higher off its $54 support level. With a technical score of 9 (out of 10), HES looks positioned to continue this strong bullish trend higher.