TESLA is going for another jump here I predict. Likely overtaking February 4 high..
And of course this agrees with UJ Seasonality ;)
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Some background info on my analysis for those interested, I study a FX pattern by the name of UJ seasonality and mapped out inter market correlations. Based on passed market data, current events are possibly following a similar pattern as previously has been witnessed by myself for three years in a row. This year it does all unfold somewhat different and slower than the years before I have to admit but for almost a year the sequence of events has been exactly the same.
I agree with both that Tesla is not predictable at all.
But today is the first day of the week and the market is not yet open. We are seeing a price increase of $ 60, which is a repeat of what Tesla's shoppers are doing every week to go up and make a profit, a fictitious correlation to achieve a common goal.
Today there is a chance of rising to the $ 950 ceiling and even the chance to see a big event this week. That means $ 1000.
But Tesla's overall shape is very close to Bitcoin and is likely to fall to the price of a month.
@Valentasm, I agree, I just picked some high performance stock because anything will do here. It's the stock market which is going to thrive I believe.
I agree with both that Tesla is not predictable at all.
But today is the first day of the week and the market is not yet open. We are seeing a price increase of $ 60, which is a repeat of what Tesla's shoppers are doing every week to go up and make a profit, a fictitious correlation to achieve a common goal.
Today there is a chance of rising to the $ 950 ceiling and even the chance to see a big event this week. That means $ 1000.
But Tesla's overall shape is very close to Bitcoin and is likely to fall to the price of a month.
Good luck.