Tesla (TSLA) has been climbing higher since they found good support around $550 in the middle of May. Prices are trading above the rising 50-day moving average line and above the rising 200-day moving average line.
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The S&P 500 and DJIA are convenient benchmarks, but they can hurt your returns if you give them too much weight.
Here's what I found most positive about the market as the week closed out.
I like to identify a chart or two with a nice setup into the next week, and OB falls into that category.