Long term: rise but not bullish
On a monthly basis, a PEI is in progress with our moving averages.
Idea: towards UM or above
R= UM (133.07); S= MM (107.57)
Medium term: rise
On a weekly basis, with a close below MW, LW is our next target.
Idea: lower as long as our stochastic is not oversold
Bet: weak below MW.
R= UW (130.13); S= MW (116.6), LW (103.07)
Short term: weak
On a daily basis, a bearish no-crossover is the status for our stochastic and MACD.
Idea: MD is a strong resistance
Bet: lower as long as our MACD is not oversold.
R= MD (123.13); S= MW (116.6).
Conclusion: close long position below MW.