Septimus
Long

Nice Price Channel

NYSE:TM   TOYOTA MOTOR CORP
8 0 0
TM             has formed a nice price channel which is very useful for finding attractive entry points. I recommend increasing your position when there's a 2.4% pull back from the upper red trend line (see chart). Definitely buy if there is a 3% or more pull back from the upper red trend line. As of 6/1/14 that translates to a price in the neighborhood of $109.50 - $111.

My target price for the overall uptrend is $140.
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