Long term:  MM (96.38) = strong resistance

On a yearly basis, Bollinger bands are slowly down. A bearish non-crossover is the status for our 7 / 23 years moving averages. Our stochastic is overbought. The decline in progress should continue for some periods.

On a quarterly basis, UQ / LQ spread is expending. A bearish A type crossover is in progress with our 7 / 23 quarters moving averages. Our stochastic and MACD are overbought with a bearish no-crossover in progress for each one. Decline will continue for some periods.

On a monthly basis; a bearish parallel pattern is always in progress.

Idea: use bearish parallel rules

Bet: bearish no-crossover for our 7 / 23 quarters moving averages.

R = MM (96.38);     S = LM (84.08), 79.70 (Historical low), – – -.

Medium term: UW / LW spread is minimal

 On a weekly basis, MW failed as a support. Without a bearish no-crossover for our monthly MACD, LW should act as a support.

Idea: towards LW

Bet: bearish pre-parallel support

R = MW (90.24);           S = LW (87.67)

Short term: decline

On a daily basis, UD / LD spread is expending. With our 7 / 23 weeks and days moving averages status, no bear trend could develop.

Idea: crossover PD / MD + dynamic for LD = new parallel pattern (intraday)

Bet: weekly 7 / 23 moving averages will decline

R = MD (91.52);   S = LW (87.67)

Conclusion: no opportunity