Septimus
Long

Support signaling beginning of uptrend?

NYSE:TM   TOYOTA MOTOR CORP
20 0 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.

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Septimus about TM 2 years ago
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