Toyota formed a Box Formation with target to 176.11 - WARNINGBox 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 that stop loss to avoid unnecessary jumps to hitting it too soon.
TM/N trade ideas
Toyota Motor Corporation DCA - Rectangle Reversal Company: Toyota Motor Corporation
Ticker: 7203
Exchange: TSE
Sector: Automotive
Introduction:
Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Toyota Motor Corporation, focusing on a potential Rectangle reversal pattern. This pattern may indicate a change in the trend and offers trading opportunities for both short-term gains and long-term positions.
Rectangle Reversal Pattern:
The Rectangle pattern is a consolidation pattern that forms when the price is bounded by parallel support and resistance levels. It can act as a continuation or reversal pattern, depending on the preceding trend and the breakout direction. A breakout above the resistance level signals a potential trend reversal.
Analysis:
On the daily chart, Toyota Motor Corp has been in a clear downward trend, as indicated by the blue diagonal resistance line. However, the Rectangle pattern, which has four touch points at the top and five at the bottom, could potentially serve as a reversal pattern.
Currently, the price is attempting to break above the 200 EMA. If a breakout occurs with a candle close above this level, the price target is ¥14550, representing a gain of approximately 7.5%. This setup could also present a good opportunity to build a longer-term position, depending on the trend opportunity and whether the Rectangle pattern truly acts as a reversal signal.
Conclusion:
The Toyota Motor Corp daily chart analysis highlights a Rectangle reversal pattern, signaling a potential trend reversal. Traders should closely monitor the 200 EMA for any signs of a breakout. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
Bobby's Homework Assignment1. 7. 23 This video is a look at Toyota. The focus is on structure. It is also about accepting did Marcus can give you very strong signals, and very good trade potential, especially if you understand that Traders can make very good returns in one direction, but will almost certainly be limited because the market dynamics suggest that the market is much more likely to trade in the other direction. In other words, if you think like a buyer and the seller, you can get a sense of direction, and possibly take advantage of the market in both directions. In this example, my belief is that our Market is breaks down it takes out structure is the tell if the market will go lower, but in this case, the market found a 28-point reversal higher even though the market was likely to make new lows... at this kind of behavior makes smart money a lot more profitable Group of Traders. Markets are designed to wash and rinse buyers and sellers... and this is what gives good Traders the ability to make more money.
TOYOTA TO DUMP?With news breaking this morning warning customers of a potential leak of sensitive information to the tune of nearly 300,000 customers at risk, Toyota stocks have slipped to a more bearish outlook.
Expect the next few days to be red.
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TM | Incoming Reversal | ToyotaToyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names. It also provides mini-vehicles, passenger vehicles, commercial vehicles, and auto parts under the Toyota name; mid-size cars; luxury cars; sports cars under the GR Yaris, Corolla Sport, Corolla Cross, and Supra names; and recreational and sport-utility vehicles under the Highlander name. In addition, the company offers pickup trucks under the Tacoma name; minivans; and trucks and buses. Further, it provides financial services, such as retail financing and leasing, wholesale financing, insurance, and credit cards; and designs, manufactures, and sells prefabricated housing. Additionally, the company operates GAZOO.com, a web portal for automobile information. It operates in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. The company was founded in 1933 and is headquartered in Toyota, Japan.
Toyota Motor chart for toyota---motor company---will be following over the next few years---toyota has always been a leader in provide good reliable vehicles for people to own for many years--and the mileage proves their quality. thinking people should jack toyotas price because you know theyll eventually become like elon musk company--- or similar in years to come.....I can see a decline in sales--over the next few months because the company doesnt want to change to ev or electric--- but things will change
Toyota is losing it. TMImmediate targets 188, 182. Invalidation at 229.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$TMLast week we saw pretty nice spike in $TM with the announcement of the shares buyback. I bet against it even though i had it targeted to reach $206, but with all the uncertainty in the market I thought it wouldn't make it. As it hit the peak of $213 we can see it formed a head and shoulders pattern which brought us back down into the 2nd gap of the original breakout. Now we have a mini inverse head and shoulders that should only push the stock around $210 being as though it is on a smaller time frame and a short downtrend it won't have any real effect. My target for this week is $209-$206 maybe $205 for the lowest. I do see this continuing to go down into next week through into the 1st gap and back to retest the original breakout around $199/$200 area.
NYSE:TM
1/9/22 TMToyota Motor Corporation ( NYSE:TM )
Sector: Consumer Durables (Motor Vehicles)
Market Capitalization: 275.821B
Current Price: $200.44
Breakout price: $201.50
Buy Zone (Top/Bottom Range): $193.00-$186.00
Price Target: $220.00-$222.00
Estimated Duration to Target: 52-58d
Contract of Interest: $TM 4/14/22 220c
Trade price as of publish date: $4.30/contract