Kumbaya

Tesla is rebounding a bit on speculation on a Trump and Musk call....

Good afternoon:

Raise that stop on TSLS. I was expecting a breakdown without headline drama. It was a technical trade, not one around Musk and Trump. Now, with so much focus on short covering and speculation on a call between the two, I’d want to take any remaining gains ahead of the weekend.

For all we know… they’ll be best friends again on Sunday.

We’ll revisit this air-pocket thesis soon… for now, there’s a lot of short covering and a lot of active trading.

What a world.

Stay positive,

Garrett