Long term: higher next year
On a yearly basis, Bollinger band spread is not minimal, LY is flat but UY is rising. Our 7 / 23 moving averages are up and our MACD will not be overbought before two periods or more. UY could be a target.
On a quarterly basis, the trend for our 7 / 23 quarters moving averages is neutral. Our stochastic and MACD are overbought but could be neutral / oversold at the end of 2009. As long as MQ proves to be a support, UQ / PQ is our main target.
On a monthly basis, the UM / LM spread is maximal. A bullish B type crossover could be the next status for our 7 / 23 months moving averages. The status for our stochastic and MACD is oversold. A bullish non-crossover could be in progress and develop next month. UQ / PQ is our main target.
Idea: higher as long as MQ = support
R = UY (1.5), UQ (1.5538), PQ (1.5891); S= MQ (1.3459)
Medium term: higher
On a weekly basis, LW trend is up. M23 will stay up for some periods. As long as MW proves to be a support, the main trend is up.
Idea: decline below MW
R = UY (1.5); S = MW (1.4153)
Short term: bullish parallel pattern
On a daily basis, a bullish ATDMF pattern is in progress.
Idea: use bullish parallel rules.
R = UY (1.5); S = MD (1.4507)
Conclusion: UQ / PQ target is expected.