Tesla is Bitcoin of the stock market. Part 1

Analysis of Tesla. Correlation with the market and dependence of the stock rate on Musk’s tweets. Global scenario of future fluctuations.

In January 2020 I made a forecast for Tesla stock which you can check here. The share price was around 524 USD then.

The January forecast is displayed in the chart above.

And here you see the actual market state, up to early June 2020. On the whole, the forecast can’t be called “unsuccessful”, but the targets were objectively underestimated because the actual results turned out to be better than expected. Even if the dynamics of stock movements partly…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>