Bullish DailyPlay for Friday Oct 27th, 2017 – Cintas (CTAS)
The bullish DailyPlay we chose for Friday Oct 27th is Cintas (CTAS). CTAS is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 2.06% move higher and its 1m and 6m trend has turned bullish on 9/11 while bouncing higher above its $72 support level.
Cintas’ 1m and 6m trends turned bullish on 9/8 and recently bounced higher above its $150 support level. With a technical score of 9 (out of 10), CTAS is a strong bullish stock that is likely to continue higher.
As a stop loss, if CTAS was to trade below $150 for multiple days, this would invalidate our analysis and suggest getting out of the trade.
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