Septimus

TM Continues Pattern of Higher Highs

Long
NYSE:TM   Toyota Motor Corporation
1
TM continues it's pattern of higher highs after the end of a long downtrend. Expect a long uptrend as this very undervalued stock with stellar fundamentals continues to rise. Watch stochastic for good entry points. There's still a long way up before it reaches anywhere near full valuation.

Also keep in mind the company is rewarding stock holders by aggressively buying stock back with their huge surplus of cash. Dividends are also being raised.
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.