WaveTrack International

Elliott Wave Financial Price Forecasting

Toyota Motor Corp. (Elliott Wave analysis)

by m.tamosauskas| September 29, 2014 | 2 Comments

Back in May ‘2014 we showed this Toyota Motor Corp. chart with a fib. 100% equality ratio and asked you one question: would you buy this equity here? The answer was YES and we shared this trading setup with all our subscribers:

140529_Toyota_Motor_Corp

Here are the result – just few days after, this equity began an expansion phase as the third wave within a five wave expanding-impulse pattern. Now, this five wave advance is nearing its completion and moreover, the resistance level at 6575+/- shows a triple fib-price-ratio cluster. Expect a counter-trend decline as minor wave ii. to begin very soon!

140929_Toyota_Motor_Corp

Category: Toyota
Tags: > >

Comments

2 Responses to “Toyota Motor Corp. (Elliott Wave analysis)”

  1. Dojidog
    October 4th, 2014 @ 5:50 am

    Is this chart correct. I show TM over $100 since April 2014. What symbol are you using. Thanks

  2. m.tamosauskas
    October 6th, 2014 @ 6:56 am

    Hi Dojidog,

    This chart is correct, we monitor Toyota trading in Tokyo Stock Exchange: http://www.bloomberg.com/quote/7203:JP/chart The simbol is 7203:JP.

    All the best!
    Martynas

Leave a Reply





About WTI

WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

Subscribe to our feed

WTI Links

Search