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Tesla and Bio Tech have been great performers over the past 24 months. Earlier this year both of them gave back some of there gains and then started another impressive rally.
Both are making attempts to make strong closes above highs hit 6 months ago, as they both are facing short-term support at this time.
Kind of interesting to see how much these patterns look alike since the first of March this year! How these stocks handle short-term support could have some influence on the future of NDX 100 index.