Long term: bullish?
On a yearly basis, our stochastic and MACD are oversold. Our 7 / 23 years moving averages are up with a PEI. UY is our first resistance.
On a quarterly basis, Bollinger bands spread is increasing. A bullish no-crossover is the status for our MACD.
On a monthly basis, a bearish divergence is the status for our stochastic. Next month, the same pattern is expected for our MACD.
Idea: LM could be a target
Bet: towards LM if MM fails as a support.
R= UM (2693); S= MM (2350), LM (2006).
Medium term: bullish parallel pattern is over
On a weekly basis, a bearish no-crossover is the status for our stochastic.
Idea: LW is our main target.
Bet: afterwards, a bearish pre-parallel is not ruled out.
R = MW (2597); S = LW (2348).
Short term: lower
On a daily basis, Bollinger bands spread is increasing. No PEI could develop with TAM tools.
Idea: decline as long as our MACD is not oversold.
Bet: nothing to do.
R = MD (2654); S = LW (2348)
Conclusion: next month, a medium term bear term could develop.