Tractor Supply Co (TSCO) – Bullish DailyPlay for Wednesday Sept 19th, 2018

The bullish DailyPlay we chose for Wednesday Sept 19th is Tractor Supply Co (TSCO). TSCO is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 3.94% move higher and its 1m and 6m trend has turned bullish on 8/16 and recently bounced higher off its $115 support level.

Tractor Supply Co’s” 1m and 6m trends turned bullish on 8/2 and recently bounce higher off its $87 support level. With a technical score of 10 (out of 10), TSCO is a strong bullish stock that will likely continue higher.

View this Trade Idea on TSCO

As a stop loss, if TSCO was to trade below $87 for multiple days, this would invalidate our analysis and suggest getting out of the trade.

Upcoming Event: LEAPs: A Stock Replacement Strategy – Thurs 9/20 @ 4:15PM EST