Toyota and Cisco report good earnings. TM continues to take market share from struggling Ford and General Motors. I've owned TM in the past, and if it pulls back to the 50 day-moving-average (red line in chart), that looks like a low risk entry, about 129 right now).
CSCO surprises to the upside. That stock had a nice bounce off its 50 day ma in November (chart).
I try to keep things simple. For technical analysis, the 50 day, and 200 day simple moving average, candlesticks, and MFI (a momentum indicator). For fundamental analysis, I look at summary page and key in on price-to-sales, sales growth, return on equity.
No comments:
Post a Comment