$TSLA TOP 20
Added 2024-06-26 19:41:38 +0000 UTCThe EV sector got a badly needed injection from VW yesterday after it announced it would invest $5 Billion into $RIVN, this signals that legacy manufacturers still believe that EV's are the future and have identified their threat to the industry, so they would rather work with them
$TSLA and $NIO both benefited from this vote of confidence in the sector today.
$TSLA's next test is at the 200 Day MA at $208 now, flipping this level to support and the big test will be the breakout level of the large wedge at $220.
No change to our commentary here from the weekend.
