Toyota Motor Corporation (NYSE:TM) Gets Slammed Again...Is It A Buy?

[asbuhha]

Short term Toyota Motor Corporation (NYSE:TM) may just be at that special price for a swing trade buy. Toyota has been slammed of late after announcing countless recalls and problems with their cars. The stock has collapsed from a high on January 19th, 2010 of $91.97 to a low today of $71.90. Between $72.00 and $72.50 there is a massive level of support that may yield a short term multi day bounce back to $75.00 or more. Look for this level to yield significant near term support. However, it may not last long term. As a Chief Market Strategist I am just looking for a short term bounce on Toyota Motor Corp.

[atasofuzev]

I will wait for the bottom of this fall. And test the new support, then I go long. Toyota can resolved this one which brings back confidence of the investors and then these stocks will climb back.

[asyefwxb08]

Alerted above; TM Buy between $72.00 - $72.50. Toyota Motor Corporation (NYSE:TM) just hit $74.20.

[Attaxargo]

Looking at the chart it looks ~72 is the area of support. it is a good timing to buy those stocks.

[AvianeN]

Gov't motors is in control right now.