Long term: towards LM
On a yearly basis, the status for our 7 / 23 years moving averages is a bullish no-crossover. The same status is in progress for our stochastic. The rise in progress could extend for some periods. Current Historical high is our first objective.
On a quarterly basis, UQ / LQ spread is wide. A bullish A type crossover is in progress with our 7 / 23 quarters moving averages. Our stochastic and MACD could be overbought at the close. Current Historical high or MQ could be an objective.
On a monthly basis, the spread for Bollinger bands spread is above a reference one. A bearish A type crossover could develop this year with our 7 / 23 quarters moving averages Our stochastic and MACD are overbought. LM could be a target.
Idea: LM is a strong support.
Bet: with a close below MM, LM as a target is likely.
R = MM (120.1); S =MQ (115.16), LM (113.69)
Medium term: lower for some weeks
On a weekly basis, PEI are in progress with TAM. MQ is our first target.
Idea: MW is a strong resistance
Bet: bearish below MQ.
R = MW (122.98); S = MQ (115.16)
Short term: Bollinger bands spread is expending
On a daily basis, a type I or II PEI is expected.
Idea: wait for PEI
Bet: type II.
R = MD (120.1); S = MQ (115.16)
Conclusion: with a daily type II PEI add TYO.