Kohl’s (KSS) – Bullish DailyPlay for Wednesday June 27th, 2018

The bullish DailyPlay we chose for Wednesday, June 27th is Kohl’s (KSS). KSS is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 3.34% move higher and its 1m/6m trend has turned neutral and bullish on 6/25 and recently bounced higher off its $108 support level.

Kohl’s 1m and 6m trends turned bullish yesterday and recently bounced higher off its $72 support level. With a technical score of 9 (out of 10), KSS is a strong bullish stock that will likely continue higher.

View this Trade Idea on KSS

As a stop loss, if KSS was to trade below $72 for multiple days, this would invalidate our analysis and suggest getting out of the trade.

Webinar Registration: Generating Consistent Income w/ Weekly Options – Thursday @ 4:15PM EST