Toyota (TM) Downgrade Alert, Watch for 0.1% Technical Uptrend Reversal
Tuesday, March 9, 2010 - 09:52
Written on Tue, 03/09/2010 - 9:52am
By Chip Brian

Toyota (NYSE:TM) downgraded to Hold from Buy at Standpoint Research. The stock closed yesterday at $76.94 on volume of 2,295,167 shares, above average daily volume of 1,397,091.
Toyota Motor should find initial resistance at its 200-day moving average of $80.25 and further resistance at its 50-day moving average of $80.45.
SmarTrend is bullish on shares of TM and our subscribers received an Uptrend alert on March 03, 2010 at $76.83, which has returned 0.1% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): TM

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