10Jun12:31 pmEST
Living the Good Life in Early Summer
Software plays in the technology arena, such as AZPN LOGM INTU, and several others, look to have as clean a breakout setup as any collection of charts I see in the market right now.
While that is playing out, NFLX is still on a tear where, as I noted in my video last night, it is the type of play you are either long or sidelined, not short.
But the TSLA weekly chart, below, is worthy of further discussion. The weekly close this week will be a big one, in my view, when we see prior instances where the momentum darling has faded. More on this later.
