Bullish DailyPlay for Thursday July 21th, 2016 – Citigroup (C)

The bullish DailyPlay we chose for Thursday July 21th is Citigroup (C). C is part of the Financial Sector (XLF). Over the last month, XLF has experienced a 4.00% move higher and it’s 1m and 6m trend turned bullish on 7/12 and recently bounced higher off its $23.50 support level.

Citigroup’s 1m and 6m trends turned bullish on 7/14 and recently broke above its $43.50 resistance level on high volume. With a technical score of 4 (out of 10), C looks positioned to continue this strong bullish trend higher.

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