Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more.

On a quarterly basis, LQ / UQ spread is maximal. A PEI is the status for our moving averages. Our stochastic could be oversold next period.

On a monthly basis, TAM tools will continue to decline. Bollinger bands spread continue to increase.

Idea: lower as long as monthly MACD is not oversold

Bet: easy to do a mistake.

R = MM (3610);    S = PQ (2565), 2003 low / LQ (2244), LY (1313)

Medium term: rise

On a weekly basis, Bollinger bands spread is a reference one. A bullish no-crossover is the status for our stochastic and MACD. A type A is in progress and the status for the monthly time frame is a NEI.

Idea: only technical recovery as long as MM proves to be a resistance

Bet: rise as long as our MACD is not overbought.

R = 3411, MM (3610);               S= MW (3085).

Short term: bullish pre-parallel

On a daily basis, a bullish pre-parallel pattern occurred (17/1).

Idea: use bullish parallel rules

Bet: bullish as long as MD= support.

R = 3411;     S= MD (3178)

Conclusion: bullish as long as MD = support.