Bullish DailyPlay for Tuesday July 26th, 2016 – General Mills (GIS)
The bullish DailyPlay we chose for Tuesday July 22nd is General Mills (GIS). GIS is part of the Consumer Staples (XLP). Over the last month, XLP has experienced a 2.40% move higher and it’s 1m and 6m trend turned bullish on 6/29 and recently bounced higher off its $55 support level.
General Mill’s 1m and 6m trends turned bullish on 6/1 and recently broke above its $70 resistance level on high volume. With a technical score of 8 (out of 10), GIS looks positioned to continue this strong bullish trend higher.