DailyPlay for Friday November 20th, 2015 – NVIDIA Corp (NVDA)
The bullish DailyPlay we chose for Friday November 20th is NVIDIA Corp (NVDA). NVDA is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 3.95% move higher and it just broke above its $43.50 resistance level recently.
NVIDIA’s 1m and 6m trends have turned bullish on 8/26 and just broke above its $30.75 resistance level which now becomes support. With a technical score of 10 (out of 10), NVDA looks positioned to continue this strong bullish trend higher.