Toyota (NYSE: NYSE:TM ) stands as a beacon of resilience, navigating the shifting currents with a strategy that emphasizes hybrid vehicles over fully-electric cars. As the world's largest carmaker by sales, Toyota's (NYSE: NYSE:TM ) recent decision to trim its forecast for fully-electric vehicle sales in favor of its petrol-electric hybrids speaks volumes about...
The company is focusing on two key areas - namely manufacturing and battery technology. While Toyota is developing a dedicated EV platform to help cut costs, it is looking to deploy a highly automated manufacturing process at a new EV unit called BEV Factory, established last month. Toyota is known for its manufacturing efficiency and processes with internal...
Box formation has formed over the last couple of months with Toyota.
We have had the range show higher lows, showing a bullish bias.
7>21>200
RSI>50
Target 176.11
WARNING
The price action and liquidity is not very high with this chart. We are seeing a ton of gaps and volatility which is not conducive for trading.
Either we need to risk little or really widen...
