Korea’s Momentum Traders Sour On Tesla, Turn To Crypto It has long been one of Wall Street’s unspoken rules that whoever controls Korea’s mob of momentum-chasing fanatics, controls price manipulation discovery. And in Korea (that would be South for those who are unsure, North Korean brokerages are… rather nonexistent yet), allegiances are rapidly shifting. Average 12-year-old Korean trading veteran South Korea’s retail investors are losing faith in Tesla’s stock, instead ramping up their selling last month amid growing disillusionment with the electric carmaker – or at least lack of the upward momentum – and rising interest in cryptocurrencies. According to… — Continue at ZeroHedge News : Read More
