$TSLA put up a fight last week and ultimately the bulls won that round as the price finished above the 200 Day MA for the week.
I do not believe the direction is decided here yet but bulls must be encouraged that the price action was able to move with the positive market sentiment and not against it.
So if all Mega Caps move higher, $TSLA will likely follow suit.
A pull back will be needed here too and the 0.618 Fib here at $208 is a perfect level to find support at too.
$MSFT, $AMZN, $AAPL and $GOOG have much stronger looking charts right now and are controlled, $TSLA is not looking as strong.
$TSLA bulls are constantly tested and constantly turn up.
What they do not want to see is a new low made.....a new low here and the red Fib levels below awaits them.