A Musky Scent to This Announcement

With TSLA's stock sluggish again earlier today, the market apparently got what it wanted for at least a temporary short squeeze from this Elon Musk tweet. 

It is unlikely that TSLA bottoms on a tweet from CEO Musk. But, to be sure, the stock had become quite obviously weak and perhaps this squeeze serves to keep cocky shorts honest. 

On the 30-minute chart, below, I am watching the $190 level as first potential resistance. On a weekly closing basis, the $185 is still the scene of very well-defined support dating back several quarters, which could lead to a major breakdown if this tweet-spike fails to hold.

It is also interesting to see the lagging TSLA catch a bid today while leading FB is red.