On a yearly basis,
Bollinger band spread is not minimal and will stay at the same level for some periods. A bullish A type crossover is in progress with our 7 / 23 years moving averages. UY is our main resistance.
On a quarterly basis, Bollinger spread is a reference one. For our 7 / 23 quarters moving averages, a PEI is not ruled out. On a monthly basis, the UM / LM spread is far away from its minimal level. A PEI is in progress with our stochastic and MACD. A bullish A type crossover is expected. UM is our next target.
Idea: towards UQ
Bet: bullish
R = UY (1.5083), UM (1.5127), UQ (1.5467); S= MM (1.3676)
Medium term: UW / LW is a reference one
On a weekly basis, TAM are up. UW is our next objective.
Idea: use our weekly MACD as a leading indicator
Bet: UW as a first objective.
R = UW (1.4146); S = MW (1.3548)
Short term: bullish parallel
On a daily basis, a type II PEI is in progress. A PEI is in progress with our MACD.
Idea: use parallel rules
Bet: towards UW
R = UW (1.4146); S = PD (1.3571).
Conclusion: as long as MD proves to be a support, UM is our main objective.