TM Continues Pattern of Higher Highs

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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.
I hope you can comment about buying it on a pullback so we can get it at lower risk than up here at 113.07. Wouldn't it be nice to set an alert now for your indicator to be oversold so you could look at this again at that time? I know: I'm dreaming. Thanks for pointing out the fundamentals too.
Hi, could you please explain what 'stochastic' means? Thank-you. Any links to 'buying stock back' and 'huge surplus of cash' and 'dividends'? Need as much data as possible ;)
Septimus BroSirNZ
There have been several articles talking about the buy back here's one from Bloomberg There are others out there.

Stochastic refers to the stochastic oscillator You can find it in Tradingview's indicators button found at the top of any chart. Here's an example of what I'm talking about from an earlier post. Look for oversold conditions when the oscillator is below 20. It doesn't always tell you where the bottom is, but it at least gives you something to go on. Use it in combination of other indicators. I hope that's helpful.
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