DailyPlay for Monday November 23rd, 2015 – Genuine Parts Co (GPC)

The bullish DailyPlay we chose for Monday November 23rd is Genuine Parts Co (GPC). GPC is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 2.95% move higher and its 1m and 6m trend indicator just turned bullish on Friday after breaking above its $80.50 resistance level.

Genuine Part’s 1m and 6m trends just turned bullish on Friday and recently bounced higher off its $87 support level. With a technical score of 6 (out of 10), GPC looks positioned to continue this strong bullish trend higher.

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