TRADE IDEA - Toyota Industries (6201 JP) Stub: Riding the Automation Wave

Jardine C&C (JCNC SP): Close the Stub Trade

TRADE IDEA - Toyota Industries (6201 JP): Close the Stub Trade

Toyota Industries Earnings Outpace Market Expectations Despite Declining by 23.2% YoY

Toyota Industries (6201 JP): Stub Business Expanding into High Growth Segments

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<a href="https://www.smartkarma.com/entities/4500" target="_blank" data-smartkarma-citation="entities:4500:1">Toyota Industries (6201 JP)</a> is gearing up to break higher out of a well defined bull wedge formation. Wedge formation tend to have a greater than 70% probability of breaking higher.Risk and pivot support is clear. Ideal buy zone outlined if we fade near immediate resistance.Hurdle resistance points along the way toward a fresh chart highs with some challenging levels to monitor.Risk to reward is better than 1 to 3. 6% downside risk with 30% rally potential.

Toyota Industries (6201 JP) is gearing up to break higher out of a well defined bull wedge formation. Wedge formation tend to have a greater than 70% probability of breaking higher.Risk and pivot support is clear. Ideal buy zone outlined if we fade near immediate resistance.Hurdle resistance points along the way toward a fresh chart highs with some challenging levels to monitor.Risk to reward is better than 1 to 3. 6% downside risk with 30% rally potential.

Toyota Industries Bull Wedge Breakout with 30% Upside