$GOOG has managed to breakout above its channel which we spoke about last week, so this is looking very bullish here.
A retest of the $190 breakout level and holding here, then there could be a strong move higher to above our Wave 5 target and reach the 1.27 Fib at $216.
The Mega Caps are looking quite bullish now and moving in sync, the ball is in the bulls court right now and they are getting what they can out of this market and so are we.
$AMZN and $GOOG remain the two companies I want to add large positions to when they complete their correction. I will likely double my current position in $AMZN.