Toyota is neutral both on its 1D (RSI = 51.295, MACD = 2.650, ADX = 28.284) and 1W technical outlook. On the last week of December it got rejected on the 1W MA50 and if it finds support on the 1W MA200, we expect it to recreate the bottom pattern of March 2023. For almost the past 5 years the pattern is a Channel Up. Both prior bullish waves rose by +97% but we will pursue a more modest target (TP = 230.00), the 0.786 Fibonacci retracement level, which during the previous bullish wave was hit on September 18th 2023.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.