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...
If support is broken the risk is enormous. However, the support area is ion positive divergence and may form a nice arc. My target is 26 TRY on this stock. HODL. Not an investment advice. #TMSN
As long as it stays in the ascending green channel the marked (red lines) levels could be considered as TP points. If the price breaks below the green channel set a close stop loss .