I like the moves Toyota has been making, like partnering with @projectoaken to work on autonomous cars with blockchain tech; and looking at the monthly chart this could be a good time to buy in for long-term.
TOKYO — Toyota Motor Corp. and Nissan Motor Co. said Wednesday they are recalling a total of 6.56 million vehicles world-wide after finding a risk of moisture intrusion on certain types of air bags made by Takata Corp. The Toyota 7203, -1.06% recall of around 5 million vehicles globally affects 35 models produced between March 2003 and November 2007, including...
Bearish setup at the top of a declining channel in Toyota. Also interesting is a similar setup in Euro/ Japanese Yen. $0.83 Risk for a $5.00 target. You could also consider using put options, bearish call spreads, or both! All the best. :)