Long term: higher
On a quarterly basis, Bollinger bands spread is increasing. Our moving averages are up. Stochastic and MACD are oversold. As long as the status for our MACD is not overbought, the bull trend in progress could continue.
On a monthly basis, TAM tools are up as PM. A PEI is in progress for our monthly stochastic. As long as the status for our stochastic and MACD is not a bearish divergence, the bull trend in progress could continue.
Idea: higher
Bet: rise as long as our monthly MACD is not overbought.
R= +; S= MW (137.01)
Medium term: rise without bullish trend
On a weekly basis, UW / LW spread is increasing. A bullish no-crossover is the status for our moving averages and our stochastic. A NEI is the status for our MACD.
Idea: towards LW if MW fails as a support
Bet: UW= resistance.
R = UW (140.39); S = MW (137.01), LW (133.63)
Short term: trading range
On a daily basis, Bollinger bands spread is minimal. TAM tools are without PEI.
Idea: forget this time frame for the week ahead
Bet:.
R = UD (140.28); S = MD (138.95), LD (137.62)
Conclusion: nothing to do.