TOYOTA MOTOR CORPShort
Toyota is not out of the woods yet
Toyota has one more leg down to major support zone at 6209-6263 before a stronger rally occurs. Reason? First, the formation of evening star at 123.6% extension level indicate a false breakout. And prices close at the major support level. As such, there is a strong desire for Toyota to test lower lows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.