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Opinion on Toyota Motor Corp (TM) Sector: Consumer Cyclical > Industry: Auto & Truck Manufacturers
Getting ahead of myself?

Jun 19, 2007 03:03 AM GMT

tinyshoe82

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-6.50%	HIGH

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Ok, since I don't have time to actually pull up a chart and draw it up for everyone.... check out the daily chart on this thing.

I'm getting a bit ahead since, technically, the stock hasn't broken out through the neckline. I think it's a long above 126.00 on volume above 1.00-1.50 million. If that 126.00 turns out to be another resistance - I'd wait.

Also, fundamentally - weaking Yen vs. dollar... definitely good for TM. The dollar looks overdone on the short side.

TM: This call was made on 06/19/07 @ $125.23

Rating:	$125.23 (06/19/07)
Gain/Loss:	-37.83% in 892 days
Target:	$140.00 (+11.79%) in Six months
Allocation:	6.1% of portfolio

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Toyota Motor Corp (TM)

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Opinion on Toyota Motor Corp (TM) Sector: Consumer Cyclical > Industry: Auto & Truck Manufacturers Getting ahead of myself?

Opinion on Toyota Motor Corp (TM) Sector: Consumer Cyclical > Industry: Auto & Truck Manufacturers
Getting ahead of myself?