Bullish DailyPlay for Tuesday March 15th, 2016 – Southwest Airlines (LUV)
The bullish DailyPlay we chose for Tuesday March 15th is Southwest Airlines (LUV). LUV is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 11.09% move higher and it’s 1m and 6m trends turned bullish on 2/12 and just broke above its $51.50 resistance level.
Southwest Airlines’s 1m and 6m trends turned bullish on 2/22 and recently broke above its $41 resistance level. With a technical score of 9 (out of 10), LUV looks positioned to continue this strong bullish trend higher.