I have mentioned a few times today that $TSLA and $GOOG are offering the best set ups from the Mega Caps right now, $GOOG is slightly less riskier because in all scenarios, a bounce will likely continue....$TSLA on the other hand has just broke above its 200 WMA but has not converted this level to support yet at $234.
If the bulls are successful here, we could be looking at the start of an impulse wave, the double 0.618 Fib hold here is attractive but the the bounce since May has been incredibly messy and difficult to make out an impulse move
But a breakout and hold above the wedge and 200WMA should not be ignored.
The EV sector is showing some bullish sentiment lately too.