Bulls are back indeed. Last weekly close of the Roundhill Magnificent Seven ETF $MAGS had another bullish engulfing bar now making a new higher high. So what's next? A short term retrace toward $44's as previously mentioned is still in play, this will be the ideal moment to re-position ourselves in the markets as bullish structure is intact and more than likely we will be heading to $49's in the near future.

Second leg up confirmed. Patiently waiting for our final target.

Tesla (TSLA) - bullish 

Second leg up confirmed and on our way to $260's.

Amazon.com (AMZN) - bullish   

Bullish flip confirmed. We have two long entry plays.

Bullish flip confirmed as well. Ideal long re entry upon a retrace toward $415's.

Extremely bullish and completely missed ideal entry but not jumping in at current price. Rather wait for a better entry. Patience pays off.

Bearish structure remains intact. Not jumping in at current prices, either we break above previous highs to enter long or simply wait for a retrace.

Nothing to do here. We are at resistance level, either we break above for bullish continuation or we wait for a retrace.

Previous report HERE:

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Mag7 Tech Stocks - Edition #14

Bulls in Charge: Market Climbs Higher Tesla (TSLA) - bullish The bulls indeed stepped in. We broke $233 resistance level and now we are on the way to the $260’s. Apple (AAPL) - neutral/ bullish Great bullish reaction from last report’s entry signal. Will be selling all the position at

Zelf TradeLuis Ricardo Guizado

](https://www.zelf.trade/mag7-tech-stocks-edition-14/)