Hi everyone,
Today we are taking a look at NYSE:TM Toyota stock.
This issue has been in the game for a while and it's not one of your parabolic stocks.
NYSE:TM stock tends to move aggressively in the short term, followed by a longer low volatility period afterwards.
This stock takes a lot of time to make new ATHs.
Recent action.
Stock price has been...
The PEAD projected a Bullish outlook for $TM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 77.78%.
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While the pattern of this entire chart will continue, the actual $ movement may vary. The possibilities range from touching 1K, to barely touching 250. Have fun.
As expected, TOM has reached the point of 16.50 euro/share, and even exceeded a little, by hitting the 16.58 euro/share much earlier than the end of 2021.
Since TOM is at it's highest point ever, I think it will now start it's way down, back either to 15.50 or even to 14.50.
Considering the new lock-downs and rising inflation, remaining on such high levels is...
On the weekly chart, TM has been suspended in a parallel channel for a bit, but now it would seem that weekly divergence wants to play out and push price past the resistance.
Lets see what happens.
TOM continues it's way up.
Short-term
Considering the economy rise in general, TOM will continue it's way up to +-16.50, at least in as long as general economical situation will remain the same.
By looking at the recent trend of TOM, the reach of 16.50 may take longer than initially expected, but in reality it may perform even better than planned, considering...
Triple top on toyota with underlying upwards trend line.
P/E: 9.68
Ev/EBITDA: 11.95
Pretty solid valuation, even compared to other vehicle manufacturers and Japanese companies.
Not financial advice, always do your own DD before investing.
$TM pulled back for the past two weeks and found some support today above the 200 MA
The Stoch RSI indicates a very oversold condition.
*This is my personal analysis, not financial advice. Please make your own educated decisions when you invest your money. Good luck!
-my analyse based en level key power suport erea and the magnatek pawer is up
- lock for long postion with not so much risk
this setup for toyota
--good lock--
Safe trend indicator experience series - TOYOTA - 3M
Main Market: TSE.
Country: JAPAN.
Stock: 7203 - Toyota.
Time interval (trading candle): 3 months. Long term investing.
Safe Trend Indicator.
Yes, By Muteb - There is a trace.
We use the previous resistance as support/hold the range between: 80.19$ – 78.30$
If we go lower as 75.96$ and closing the monthly candle below its more likely that we are going more downwards and testing 60.25$ and this needs to be hold for our longterm uptrend. Anyway we are trying to buy between 80.19$ – 78.30$ with an stop loss little bit below...
The PEAD projected a Bullish outlook for $TM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66%.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Decent gap between 165 and 170 - I think it will probably have to fill and consolidate before the next earnings report and then stock split in October.
Not much to say here other than Toyota is 100x better than Tesla in everything. Personally I don't believe that a company who has a CEO like Elon will ever be successful, so I'd rather buy the most successful company out there that just had a major breakout. Definitely one of the most bullish stocks out there.
