TradingView
Septimus
May 9, 2014 4:51 PM

Higher Low Long

Toyota Motor CorporationNYSE

Description

In my previous post (Higher High tradingview.com/v/3aYkWfoI/ ) I showed how Toyota's price action had it's first higher high since Nov. It looks like it's also, and maybe more importantly, made a higher low. I believe this to be an indicator that the trend has reversed, and is now beginning a new uptrend for this company that is currently under priced anywhere from 40-50% for the year.
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