DailyPlay for Tuesday October 27th, 2015 – Expedia New (EXPE)

The bullish DailyPlay we chose for Tuesday October 27th is Expedia New (EXPE). EXPE is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 7.35% move higher and its 1m and 6m trend indicator both turned bullish on 10/5.

Expedia’s 1m and 6m trends have turned bullish on 10/1 and recently bounced higher off its $126 minor support level. With a technical score of 10 (out of 10), EXPE looks positioned to continue this strong bullish trend higher towards its $131 resistance level.

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