Spiegel Causing Stink in Tesla as It Breaks Out

The best time to share your bearish research is right when a stock is making a new swing high.  You want demand to completely vanish at these new price levels, therefore rendering the market susceptible to a fast move in the opposite direction.

The fake breakout/breakdown has been the most actionable swing trade setup for nearly a year now.  I use it almost exclusively to choose (and avoid) trades.

Perhaps Mark Spiegel and his consortium of short sellers have seen this pattern’s effectiveness and thus chose today to share their linkfest of a report decrying the proprietary technology of Tesla Motors.  Or they do not look at price charts whatsoever and this is a mere coincidence.  Nevertheless, he is defending his TSLA short today, while touting his degenerate long position in some penny stock named ELON.

Cool reports bruh.  I will stick with Tesla though.