Long term: bullish
On a yearly basis, our stochastic and MACD are oversold. Our 7 / 23 years moving averages are up with a PEI. As long as MY proves to be a support, UY could be a target.
On a quarterly basis, Bollinger Bands spread could be a reference one. For our 7 / 23 quarters moving averages, the trend is up. A PEI is the status for our stochastic. Our MACD is oversold.
On a monthly basis, UM / LM spread is not a reference one. For our 7 / 23 months moving averages an A type bullish crossover is in progress.
Idea: higher for some periods (monthly basis)
Bet: bullish T1 for our quarterly basis.
R = UY (3050); S = MQ (1775)
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Medium term: bullish parallel
On a weekly basis, a bullish parallel pattern is in progress.
Idea: use bullish parallel pattern rules.
Bet: bullish for some periods
R = UW (2412); S = MW (2236).
Short term: without trend
On a daily basis; UD / LD spread is flat. With the weekly trend, no bearish pattern could develop.
Idea: LD and UD are our targets
Bet: towards UD.
R = UD (2407); S = LD (2296).
Conclusion: close long position below MW (2236)