DailyPlay for Monday October 19th, 2015 – Microsoft (MSFT)
The bullish DailyPlay we chose for Monday October 19th is Microsoft (MSFT). MSFT is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 3.46% move higher and its 1m and 6m trends have turned bullish on 10/15 with strong positive momentum.
Microsoft’s 1m and 6m trends have turned bullish on 10/2 and has recently broke above its $45 resistance level with positive momentum. With a technical score of 9 (out of 10), MSFT looks positioned to continue this strong bullish trend higher.