DailyPlay for Thursday July 30th, 2015 – Netflix, Inc. (NFLX)

The bullish DailyPlay we chose for Thursday July 30th is Netflix, Inc. (NFLX). NFLX is part of the Consumer Discretionary Sector (XLY). Over the last three months, XLY has experienced a 2.86% move higher as both 1-month and 6-month trends are bullish.

Netflix, Inc.’s 1-month and 6-month trend indicators remain bullish as it continues to show positive momentum after it recently bounced off its $103.08 support level. NFLX looks positioned to continue higher towards $117.00.

View this trade idea on $NFLX