Septimus

Support signaling beginning of uptrend?

Long
NYSE:TM   Toyota Motor Corporation
0
Toyota just got interesting. For the first time in several months it's found support on the other side of a dip.

This severely undervalued stock may finally have gotten enough distance from the 2009 recalls to start moving to it's real value, somewhere in the ball park of around $228.70. My one year price target is around $155. I'll continue to look for entry signals, but at a first glace somewhere between $107 and $109 is looking pretty good.

Idee correlate

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.