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Tesla Signals More Price Cuts Ahead

Bloomberg Businessweek

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Technical Indicators Longer Term Signals to Buy

Mary Kaye: Is it some of the things you just talked about in terms of trader short the market cash on the sidelines? I'm curious the specifics of what you were seeing technically. Mary Kaye: We've actually been watching it since December, expecting a buy signal this year. And sure enough, we've gotten a buy signal. Now, they're kind of mixed on their tactical reading. But in the last six readings that we've had from the indicator, the market was higher 12 months later. So we really are starting to see some of some of the indicators go very bullish the market, although they're not getting a lot of press.

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